Reuters reports that data from the central bank's State Administration of Foreign Exchange showed that China's foreign exchange reserves fell almost 1% in September from the previous month, as the dollar gained ground against a basket of other major currencies.

The country's foreign exchange reserves - the world's largest - stood at $3.201 trillion at the end of September. That was lower than the $3.225 trillion forecast and down from $3.232 trillion at the end of August.

The $31.5 billion month-on-month decline was the steepest since March.

The dollar index climbed 1.7% in September, making the value of assets in other major currencies lower in dollar terms.