Iraq Bulletin

Tag : Dollar strength

Business

China forex reserves fall in March to $3.34 trillion

iraqbulletin.co
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices for major global financial assets weighed on the value of the country’s reserve holdings. The...
Business

South Korea FX reserves fall in March on stronger dollar

iraqbulletin.co
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations to ease currency-market strain, central bank data showed on Friday. Official reserves stood at $423.66...