© Reuters. U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 20src7. REUTERS/Thomas White/Illustration
BEIJING (Reuters) – China’s foreign exchange reserves rose in December, official data showed on Saturday, as the dollar fell against other major currencies.
The country’s foreign exchange reserves – the world’s largest – rose $srcsrc billion to $3.src28 trillion last month, compared with $3.src54 trillion predicted by a Reuters poll of analysts and $3.srcsrc7 trillion in November.
The yuan rose 2.8% against the dollar in December, while the dollar last month fell 2.3% against a basket of other major currencies.
China held 64.64 million fine troy ounces of gold at the end of December, down from end-November.
The value of China’s gold reserves rose to $srcsrc7.24 billion at the end of December from $srcsrcsrc.65 billion at end-November.