Business

China's forex reserves rise for sixth straight month

Xinhua

Updated: 2017-08-07 17:01

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A residents shows China's yuan and US dollar banknotes in Qionghai, South China's Hainan province, Jan 7, 2016. [Photo/Xinhua]

BEIJING - China's forex reserves rose for the sixth month in a row in July as pressure of massive capital outflow eased, data from the central bank showed Monday.

Forex reserves had amounted to $3.081 trillion by the end of July, increasing $23.93 billion from a month earlier.

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