China adds $3.6 billion to forex reserves in May, boosts gold stash to $244 billion

China lifted its foreign exchange reserves by $3. 6 billion in May, pushing the total up to $3. 285 trillion, based on new figures released by Beijing’s foreign exchange regulator on Saturday. That’s just a 0. 11% increase from April’s $3. 282 trillion and well below what was expected by analysts, who had forecast $3. 292 trillion. This gain came […] source: https://www.cryptopolitan.com/china-3-6b-forex-reserves-gold-244-billion/