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China's Foreign Exchange Reserves Continued Falling in March

04/07/2021 | 02:46am EDT

BEIJING--China's foreign-exchange hoard fell for the third straight month in March, according to official data released Wednesday.

The People's Bank of China said the nation's foreign-exchange reserves dropped $34.96 billion to $3.170 trillion at the end of March.

The result was lower than the $3.175 trillion expected by economists polled by The Wall Street Journal.

Write to Singapore editors at singaporeeditors@dowjones.com

(END) Dow Jones Newswires

04-07-21 0446ET

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