China's forex reserves
China's foreign exchange
reserves rose 30.3 percent year-on-year to hit $3.1975 trillion by the
end of June, authorities said.
The People's Bank of
China, or the central bank, said that funds outstanding for foreign
exchange in financial institutions increased 277.33 billion yuan ($42.83
billion) over the May to June period to hit 24.67 trillion yuan,
reported Xinhua.
Foreign exchange reserves stood at $3.166 trillion and $3.1458 trillion by the end of May and April, respectively.
