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China's Oct FX supply and demand basically balanced - regulator

BEIJING, Nov 7 (Reuters) - China's foreign exchange supply and demand were basically balanced in October and has kept forex reserves mostly stable in the month, the country's forex regulator said on Tuesday.

The depreciation of non-U.S. dollar currencies against the dollar and rising asset prices also helped to stabilise China's forex reserves in October, the State Administration of Foreign Exchange said on its website.

China's foreign exchange reserves rose in October for a ninth straight month, but at a slower pace than market expectations, as tighter regulations and a stronger yuan continued to discourage capital outflows. (Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong)