Forex reserves up again, top $3 trillion
By Wang Yanfei | China Daily | Updated: 2017-07-08 07:06
Rise comes on back of balance in supply and weak green back
The Chinese mainland's foreign exchange reserves rose in June for a fifth straight month, as tightened supervision of outbound investment and a weak dollar helped curb capital outflows.
The nation's foreign exchange stockpile climbed to $3.056 trillion in June, up by around 0.11 percent from the previous month, according to data released by the State Administration of Foreign Exchange on Friday.
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