China's forex reserves rise in July

Xinhua
China's foreign exchange reserves rose US$5.8 billion, or 0.19 percent, from a month earlier to US$3.1179 trillion at the end of July, the central bank said on Tuesday.
Xinhua

China's foreign exchange reserves rose US$5.8 billion, or 0.19 percent, from a month earlier to US$3.1179 trillion at the end of July, the central bank said on Tuesday.

The increase followed a month-on-month rise of about US$1.5 billion in June, according to data from the People's Bank of China.

According to the PBOC data, China's gold reserves at the end of July remained unchanged at 59.24 million ounces, with a value of US$72.32 billion, down from about US$74.07 billion at the end of June.


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