Economic review

China's forex reserves drop in February

2018-03-07 16:37:00 (Beijing Time)


A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, South China's Hainan Province. (Photo/China Daily)

China's foreign exchange reserves fell in February, the first drop since January 2017, official data showed Wednesday.

Forex reserves came in at $3.134 trillion in February, down $26.98 billion from a month earlier, according to data from the People's Bank of China.