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China's July forex reserves rise to $3.104 trln

08/06/2022 | 10:20pm EDT

BEIJING, Aug 7 - China's foreign exchange reserves unexpectedly rose in July, official data showed on Sunday.

The country's foreign exchange reserves - the world's largest - rose $32.8 billion to $3.104 trillion last month, compared with $3.05 trillion tipped by a Reuters poll of analysts and $3.071 trillion in June.

The yuan fell 0.64% against the dollar in July, while the dollar rose 1.07% against a basket of other major currencies.

China held 62.64 million fine troy ounces of gold at the end of July, unchanged from end-June.

The value of its gold reserves fell to $109.84 billion at the end of July from $113.82 billion at end-June.

(Reporting by Judy Hua, Ellen Zhang and Ryan Woo; Editnig by Kim Coghill)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / CHINESE YUAN RENMINBI (AUD/CNY) 0.01% 4.612178 Delayed Quote.-0.15%
BRITISH POUND / CHINESE YUAN RENMINBI (GBP/CNY) 0.47% 7.717045 Delayed Quote.-11.26%
BRITISH POUND / US DOLLAR (GBP/USD) -0.41% 1.06779 Delayed Quote.-20.44%
CANADIAN DOLLAR / CHINESE YUAN RENMINBI (CAD/CNY) 0.34% 5.2453 Delayed Quote.3.35%
CANADIAN DOLLAR / US DOLLAR (CAD/USD) -0.47% 0.7255 Delayed Quote.0.00%
EURO / CHINESE YUAN RENMINBI (EUR/CNY) 0.44% 6.9132 Delayed Quote.-5.03%
EURO / US DOLLAR (EUR/USD) -0.28% 0.95656 Delayed Quote.-15.60%
INDIAN RUPEE / CHINESE YUAN RENMINBI (INR/CNY) 0.48% 0.088221 Delayed Quote.2.44%
INDIAN RUPEE / US DOLLAR (INR/USD) -0.20% 0.012214 Delayed Quote.-8.75%
NEW ZEALAND DOLLAR / US DOLLAR (NZD/USD) -0.61% 0.55952 Delayed Quote.-17.14%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.77% 7.2319 Delayed Quote.12.81%
US DOLLAR / CHINESE YUAN RENMINBI (USD/CNY) 0.70% 7.2263 Delayed Quote.12.27%
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