China's forex reserves rise for sixth straight month

A residents shows China's yuan and US dollar banknotes in Qionghai, South China's Hainan province, Jan 7, 2016. [Photo/Xinhua]

BEIJING - China's forex reserves rose for the sixth month in a row in July as pressure of massive capital outflow eased, data from the central bank showed Monday.

Forex reserves had amounted to $3.081 trillion by the end of July, increasing $23.93 billion from a month earlier.