China's forex reserves rise for fifth straight month

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China's forex reserves rose for the fifth month in a row in June to 3.057 trillion U.S. dollars, central bank data showed on Friday.

That marks an increase of 3.2 billion U.S. dollars from that recorded at the end of May.

As China's economy stands on a firmer footing and the government moves to stem illegal capital flight, the stockpile began to increase steadily since February.

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