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China's State Administration of Foreign Exchange says the country's foreign exchange reserves dipped slightly last month while maintaining a steady momentum. Data from the Central Bank shows that foreign exchange reserves fell nearly 23 billion US dollars from the August level reaching just over three trillion dollars. And value of gold reserves fell to just over 70 billion dollars at the end of last month from around 71 billion dollars at the end of August. Financial regulators say that decline is due to fluctuations in foreign exchange rates and asset prices. The government said that China's forex market is expected to continue its steady momentum despite these changes.
