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China forex reserves fall to $3.029T in Sept

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SHANGHAI  -China’s foreign exchange reserves fell in September, official data showed on Friday, as the dollar climbed against other major currencies.
The country’s foreign exchange reserves – the world’s largest – decreased to $3.029 trillion last month, compared with $3.055 trillion at the end of August.
China’s “current account will maintain a reasonable size surplus,” said Wang Chunying, spokesperson for the State Administration of Foreign Exchange in response to a question on future trends.

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