At the end of August, the scale of foreign exchange reserves in my country was 3054.9 billion US dollars

China Economic Net, Beijing, September 7. According to the website of the State Administration of Foreign Exchange, Wang Chunying, deputy director of the State Administration of Foreign Exchange and spokesman, answered reporters asking reporters on August 2022.

Question: The State Administration of Foreign Exchange has just announced the latest foreign exchange reserves. What is the reason for the changes in the scale of foreign exchange reserves in August 2022? What is the trend of foreign exchange reserves in the future?

Answer: As of the end of August 2022, the scale of foreign exchange reserves in my country was US $ 3054.9 billion, a decrease of US $ 49.2 billion from the end of July, a decrease of 1.58%.

In August 2022, the flow of cross -border funds was rational and orderly, and domestic foreign exchange supply and demand remained basically balanced. In the international financial market, affected by factors such as the expected and macroeconomic data of major countries, the US dollar index rose, and the global financial asset prices fell. Factors such as exchange rate converts and asset price changes have comprehensive effects, and the scale of foreign exchange reserves in the month has declined.

At present, the external environment is more complicated and severe, the global economic downward pressure has increased, and the international financial market fluctuates violently. However, my country efficiently coordinate the prevention and control of the epidemic and economic and social development, implement the policy of stabilizing the economy, and maintain economic operation in a reasonable range, which is conducive to the overall stability of foreign exchange reserves.

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