China’s foreign-exchange reserves likely rose modestly in July, according to a WSJ Poll. The median forecast of the economists surveyed tips FX reserves at $3.225 trillion at the end of July.
That compares with $3.214 trillion in June. Economists expect that capital inflows offset the effect of the dollar’s appreciation, which depreciated other currencies in China’s reserves. The People’s Bank of China is expected to release the forex data Saturday afternoon.