chinas foreignexchange reserves rose for a second month in a row in july boosted by higher asset prices according to data released by the peoples bank of china on monday forex reserves rose 1127 billion in july to 3204 trillion according to data released by the central bank the result was slightly lower than the median forecast of 3207 trillion made by economists surveyed in a wall street journal poll prices of global financial assets generally rose in july which boosted the reserves the state administration of foreign exchange said after the data monday the forex regulator said the falling us dollar lifted prices of nondollar assets it also reiterated that the potential and resilience of the chinese economy can help steady its forex reserves