China Forex Reserves Rose for Sixth Straight Month in July

BEIJING—China’s foreign-exchange reserves rose for a sixth straight month in July, underscoring Beijing’s success in keeping money from moving offshore with some help from a weaker U.S. dollar.

Reserves rose $23.93 billion from the previous month to $3.081 trillion, the highest level in nine months, according to figures from the People’s Bank of China released Monday. July’s increase is bigger than economists’ median forecast of a...

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