Economic Buzz: China's forex reserves dip to 8-month low in December

China?s foreign exchange reserves fell to $3.2 trillion in December 2024, the lowest in eight months, from $3.26 trillion in Novembe. The decline came as the yuan weakened 1.2% and the US dollar strengthened 2.6%. Gold reserves edged up to 73.29 million troy ounces, but their value dropped to $191.34 billion due to lower gold prices.

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