0
SINGAPORE, Oct 17: Asian foreign exchange reserves have risen to over $1.75 trillion, according to the latest available figures from regional central banks.
China’s reserves rose by $19.2 billion to $383.9bn in September, an average increase of $640m a day, figures showed on Thursday. The build-up of Asian forex reserves, mostly in US dollars, largely reflects steady intervention by the region’s monetary authorities.—Reuters
