China forex reserves surge $19.8bn to $3.25tr

News Image

MG News | April 09, 2024 at 01:00 PM GMT+05:00

0:00

April 09, 2024 (MLN): China's foreign exchange reserves surged by $19.8 billion to reach $3.25 trillion in March 2024, data released by People’s Bank of China (PBOC) showed.

The reserves now stand at their highest level since December 2021.

Moreover, China’s official reserve assets in March rose to $3.47tr. China held 72.74 million fine troy ounces of gold, up from 72.58m ounces at the end of February, the 17th straight month of increase.

This amounts to around to $161bn worth of gold reserves, as against $148.64bn held a month earlier.

Last month, the yuan depreciated by 0.47% against the dollar, while the U.S. Dollar Index (DXY), which tracks the value of the greenback against other major currencies strengthened by 0.38%.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 164,590.41
485.01M
-1.18%
-1962.87
ALLSHR 100,327.42
1,503.35M
-0.96%
-969.25
KSE30 50,209.81
169.39M
-1.36%
-693.46
KMI30 238,432.14
93.18M
-1.21%
-2915.72
KMIALLSHR 66,026.36
597.12M
-0.75%
-498.00
BKTi 46,678.02
105.34M
-2.30%
-1100.99
OGTi 32,746.16
15.69M
-0.51%
-167.04
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,245.00 110,505.00
107,055.00
1300.00
1.20%
BRENT CRUDE 65.61 66.12
63.86
3.02
4.83%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-0.90
-1.11%
ROTTERDAM COAL MONTHLY 92.75 0.00
0.00
0.95
1.03%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 61.56 62.08
59.64
3.06
5.23%
SUGAR #11 WORLD 15.27 15.37
15.18
0.17
1.13%

Chart of the Day


Latest News
October 23, 2025 at 05:04 PM GMT+05:00

Pakistan receives $437m external financing in September


October 23, 2025 at 04:40 PM GMT+05:00

GTYR posts Rs29.2m profit in 1QFY25


October 23, 2025 at 04:14 PM GMT+05:00

PSX Closing Bell: Downhill Drive


October 23, 2025 at 04:13 PM GMT+05:00

PKR inches up to 281.03 per USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg