BEIJING, May 7 (Reuters) – China’s foreign exchange reserves rose more-than-expected in April, official data showed on Sunday, as the dollar fell against other major currencies.
The country’s foreign exchange reserves — the largest in the world — rose $21 billion to $3.205 trillion last month, compared with $3.192 trillion a Reuters poll of analysts showed and $3.184 trillion in March.
The yuan fell 0.63% against the dollar in April, while the dollar fell 0.94% against a basket of other major currencies over the past month.
China held 66.76 million ounces of gold at the end of April, up from 66.50 million ounces at the end of March.
The value of China’s gold reserves rose to $132.35 billion at the end of April from $131.65 billion at the end of March.
Reporting by Albee Zhang and Laurie Chen; Edited by Muralikumar Anantharaman
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