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Story summary
- China’s foreign exchange reserves rose to $3.438 trillion in August, significantly surpassing the $3.425 trillion Reuters forecast for the month.
- The reserves climbed from $3.419 trillion in July to $3.438 trillion in August.
- The yuan appreciated 0.49% against the U.S. dollar during August.
- The dollar slipped 0.4% against a basket of major currencies in August.
