In August 2016 China's foreign-exchange reserves amounted to $3.1 trillion, a decline of 16 billion compared with the end of July this year. This was evidenced by the data published on Wednesday by the People's Bank of China. Strengthening fluctuations of exchange rate of the yuan became one of the main factors that led to a reduction in foreign exchange reserves of the country, experts say. Amid the growing expectations of an increase by the U.S. Federal Reserve base rate in August was decreased as the intermediate course, and the spot exchange rate of yuan against the U.S. dollar.

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