BEIJING — China’s foreign exchange reserves fell to $3.6513 trillion at the end of July, the country’s central bank announced on Aug 7.
The country’s foreign exchange reserves decreased by a total of $42.5 billion in July, marking the third consecutive month of falling forex reserves, according to the People’s Bank of China.
Meanwhile, the country’s gold reserves also fell from $62.397 billion at the end of June to $59.238 billion at the end of July.
China’s forex reserves fell by $40 billion in the second quarter of 2015, marking a seven-quarter low and a four-quarter consecutive drop.