Country's foreign-exchange reserves edged up in March, while the People's Bank of China announced a new relending program to sponsor tech development. The country's foreign-exchange reserves rose $19.84 billion to $3.246 trillion at the end of March, growing 0.62%, the State Administration of Foreign Exchange said Sunday. The combined effect of factors such as exchange rate conversion and asset price changes contributed to the rise, the foreign exchange regulator said. A Wall Street Journal poll of economists tipped reserves rising to $3.232 trillion at the end of March from February's $3.226 trillion. In a separate ... (full story)