China's foreign exchange reserves fell more than expected in June, central bank data showed on Tuesday, as the dollar's strength extended.
The country's foreign exchange reserves, the world's largest, totalled $3.416 trillion last month, below the expected $3.432 trillion in a Reuters poll of analysts. The reserves stood at $3.442 trillion in May.
The yuan FX_IDC:USDCNY weakened 0.32% against the dollar last month, while the greenback gained 2.26% against a basket of major currencies TVC:DXY.