At the end of November, the scale of our country's foreign exchange reserves increased to 3.1175 trillion US dollars
According to data released by the State Administration of Foreign Exchange on the 7th, as of the end of November 2022, the scale of our country's foreign exchange reserves was 3.1175 trillion US dollars, an increase of 65.10 billion US dollars from the end of October, an increase of 2.13%.
According to the relevant content released on the official website of the Foreign Exchange Administration, in November 2022, influenced by factors such as global macroeconomic data and monetary policy expectations of major economies, the US dollar index fell and global financial asset prices rose. The combined effect of exchange rate translation and asset price changes caused the scale of foreign exchange reserves to rise in that month.
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