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China’s forex reserves rise to US$3.112 trillion in June

Summary:
[unable to retrieve full-text content]China’s foreign exchange reserves rose less than expected in June as the yuan strengthened and global asset prices rebounded amid a recovery in economic sentiment.The country’s foreign exchange reserves – the world’s largest – rose US.64 billion in June to US.112 trillion, central bank data showed on Tuesday.Economists polled by Reuters had expected the country’s reserves to rise by US.31 billion to US.120 trillion.Foreign inflows into Chinese stocks and bonds have picked up recently…

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[unable to retrieve full-text content]
China’s foreign exchange reserves rose less than expected in June as the yuan strengthened and global asset prices rebounded amid a recovery in economic sentiment.The country’s foreign exchange reserves – the world’s largest – rose US$10.64 billion in June to US$3.112 trillion, central bank data showed on Tuesday.Economists polled by Reuters had expected the country’s reserves to rise by US$18.31 billion to US$3.120 trillion.Foreign inflows into Chinese stocks and bonds have picked up recently…
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