Tuesday, October 16, 2001, updated at 15:51(GMT+8)
Business
China's Forex Reserves Hit 195.76 Billion USD
The People's Bank of China announced Tuesday that by the end of September, the country's foreign exchange reserves had reached 195.76 billion U.S. dollars.
In the first nine months of this year, China's forex reserves increased a total of 30.19 billion U.S. dollars, or 24.79 billion U.S. dollars more than in the same period last year.
At the end of September, the exchange rate of Renminbi was one U.S. dollar for 8.2769 yuan RMB, remaining stable.
The People's Bank of China announced Tuesday that by the end of September, the country's foreign exchange reserves had reached 195.76 billion U.S. dollars.