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China’s forex reserve falls to six-year low in January

Updated: Feb 7,2017 5:31 PM     Xinhua

BEIJING — China’s forex reserve continued to shrink in January, falling for the seventh straight month to below the closely watched $3 trillion, official data showed on Feb 7.

Foreign exchange reserves stood at about $2.99 trillion last month, down from about $3.01 trillion in December, the State Administration of Foreign Exchange said, citing figures from the central bank.

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