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武汉江夏饼子一条街:At the end of October, the scale of my country’s foreign exchange reserves was 3128 billion U.S. dollars

At the end of October, the scale of my country’s foreign exchange reserves was 3128 billion U.S. dollars

Our newspaper, Beijing, November 7th  (Reporter Ge Mengchao) Data released by the State Administration of Foreign Exchange on the 7th showed thatAs of the end of October,The scale of my country’s foreign exchange reserves is 3128 billion U.S. dollars,This is a decrease of $14.6 billion from the end of September,The drop is 0.46%.

Wang Chunying, deputy director and spokesperson of the State Administration of Foreign Exchange said,October,The operation of my country’s foreign exchange market remained stable,Market transactions are rational and orderly.In the international financial market,Affected by factors such as the new crown pneumonia epidemic, monetary and fiscal policy expectations,The dollar index rose,Asset prices in major countries have fallen.The combined effect of factors such as exchange rate conversion and asset price changes,The scale of foreign exchange reserves declined during the month.

Wang Chunying said,current,The global economic environment is complex,The uncertainty of instability increases significantly,Volatility in the international financial market has increased.my country’s economy has been improving for a long time,Strong development resilience,During the “14th Five-Year Plan” period, we will accelerate the construction of a new development pattern with domestic and international cycles as the main body and mutual promotion of domestic and international cycles.Realize sustained and healthy economic development on the basis of significant improvement in quality and efficiency,It will provide solid support for the overall stability of foreign exchange reserves.

“People’s Daily” (version 02, November 08, 2020)

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