China forex reserves rise to $3.204 trln in July

China's foreign exchange reserves rose more than expected in July, official data showed on Monday, as the dollar fell against other major currencies.

The country's foreign exchange reserves - the world's largest - rose $11.3 billion to $3.204 trillion last month, compared with $3.200 trillion tipped by a Reuters poll of analysts and $3.193 trillion in June.

The yuan USDCNY rose 1.5% against the dollar in July, while the dollar last month fell 1.0% against a basket of other major currencies =USD.

China held 68.69 million fine troy ounces of gold at the end of July, up from from 67.95 million ounces the end-June.

The value of China's gold reserves rose to $135.36 billion at the end of July from $129.93 billion at end-June.