CHINA-ECONOMY: CHINA RESERVES INCREASE BY 0.4% IN OCTOBER
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China's financial news service Caixin reported (November 9) that China’s foreign exchange reserves rebounded to US$ 3.11 trillion in October, rising by 0.4% from US$ 3.09 trillion the previous month, according to official data. October’s rise was due to several factors including falling bond prices in major countries and a drop in the U.S. Dollar Index, according to the State Administration of Foreign Exchange. China’s gold reserves stayed flat in October.
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