China's foreign-exchange reserves rose more than expected in November as capital outflow pressure eased amid a strengthening yuan.
The country's foreign-exchange reserves rose $70.58 billion from a month earlier to $3.172 trillion in November, according to data released Thursday by the People's Bank of China.
The result was higher than the $3.137 trillion expected by economists polled earlier by The Wall Street Journal.
Write to Singapore Editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
12-07-23 0327ET
