China's foreign exchange reserves increased faster than expected in July, according to official data released on Aug 7, while the dollar fell against other major currencies.
The country's foreign exchange reserves, the world's largest, increased by $11.3 billion last month to $3.204 trillion, up from $3.200 trillion predicted by a poll of analysts and $3.193 trillion in June.
In July, the yuan rose 1.5% against the dollar, while the dollar fell 1.0% against a basket of other major currencies.
At the end of July, China had 68.69 million fine troy ounces of gold, up from 67.95 million ounces at the end of June.
China's gold reserves increased to $135.36 billion at the end of July, up from $129.93 billion at the end of June.
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