BEIJING--China's foreign-exchange reserves increased for the third straight month in January, as continued dollar weakness boosted values in assets denominated in other currencies.
The foreign-exchange hoard rose by $15.21 billion in January from the previous month to $3.088 trillion, data from the central bank showed Monday. Economists polled by The Wall Street Journal expected a gain of $12 billion for January.
The dollar index fell 0.5% last month, with the yuan climbed 2.3% against the dollar, according to Wind.
In December, China's forex reserves grew by $11 billion.
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