CHINA'S FOREIGN EXCHANGE RESERVES FALL BY MORE THAN $55 BILLION
China's foreign exchange reserves dropped by over $55 billion in October, a 1.67% decrease from September.
The total reserves now stand at about $3.26 trillion.
This decline is linked to a stronger U.S. dollar and lower global asset prices.
Factors affecting the reserves include exchange rate fluctuations and changes in asset prices.
Despite this, China is using economic policies to support growth and stabilize reserves long-term.
