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UPDATE 1-Bank of Israel buys $1.6 bln of FX in Aug to contain shekel, $27 bln Jan-Aug

The Bank of Israel said on Sunday it bought $1.64 billion of foreign currency in August to help bring its forex reserves to a record high $205.91 billion. ....

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UPDATE 1-China forex reserves fell to $3.205 trln in Feb

By Reuters Staff
(Adds details, background)
BEIJING, March 7 (Reuters) - China’s foreign exchange reserves fell less than expected in February, official data showed on Sunday, due to valuation effects.
The country’s foreign exchange reserves, the world’s largest, fell $5.677 billion to $3.205 trillion last month, compared with $3.200 trillion tipped in a Reuters poll of analysts and $3.211 trillion in January.
Foreign inflows into Chinese stocks and bonds have been strong as China gallops ahead of other major economies in its recovery from the COVID-19 pandemic.
The yuan fell 0.59% against the dollar in February, while the dollar rose 0.43% last month against a basket of other major currencies. ....

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