• China's foreign exchange reserves fall by $42.5 billion in July

Market news

10 August 2015

China's foreign exchange reserves fall by $42.5 billion in July

China's foreign exchange reserves declined by $42.5 billion to $3.65 trillion in July. It was the lowest level since August 2013. The reason for the decline in reserves could be an economic slowdown in China and concerns over the crisis in the stock market.

The People's Bank of China release its monthly data for the first time. It was used to release the quarterly data.

China's gold reserves to $59.2 billion in July from $62.4 billion in June.

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