my country's foreign exchange reserves remain overall stable

Author:Guangming Daily Time:2022.07.08

Our newspaper, Beijing, July 7 (Reporter Wen Yuan) According to data released by the State Administration of Foreign Exchange on the 7th, as of the end of June 2022, the scale of foreign exchange reserves in my country was US $ 3071.3 billion, a decrease of 56.5 billion US dollars from the end of May, a decrease of 1.81 %.

In response to the changes in the scale of foreign exchange reserves in June, Wang Chunying, deputy director and spokesman of the State Administration of Foreign Exchange, said that in June 2022, my country's foreign exchange market was stable and domestic foreign exchange supply and demand continued to balance. In the international financial market, affected by factors such as monetary policy, inflation expectations, and global economic growth prospects, the US dollar index has risen significantly, and financial asset prices in major countries have fallen sharply. Foreign exchange reserves are based on US dollars, and non -dollar currencies have been converted into US dollars. The amount of amounts of US dollars is reduced, and the amount of foreign exchange reserves has declined in the month of the month.

Wang Chunying proposed that the current global economic growth has slowed down, inflation has remained high, the volatility of the international financial market has increased, and the external environment has become more complicated and severe. However, my country adheres to the prevention and control of the epidemic and economic and social development. The economic toughness, sufficient potential, and long -term good fundamental aspects have not changed, which is conducive to the overall stability of the scale of foreign exchange reserves.

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