Beijing: China's foreign exchange reserves rose to $3.3464 trillion at the end of November, marking an increase of $3 billion, or 0.09%, from October.

According to Qatar News Agency, the Chinese State Administration of Foreign Exchange explained that the rise was due to currency conversions, asset price changes, and a decline in the US dollar index in the previous month. During this period, global financial asset prices showed mixed movements.

The administration further noted that China is well-equipped to sustain the overall stability of its foreign exchange reserves, backed by the country's stable economic performance.