China’s foreign exchange reserves increased by US$18.23 billion to US$3.119 trillion in June 2019 from US$3.101 trillion in the previous month. This marked the largest foreign exchange reserves since June last year, amid changes in currency conversion rates and asset prices, and despite persistent trade dispute with the US, China’s State Administration of Foreign Exchange/SAFE said in a statement. Meanwhile, the value of China’s gold reserves rose to US$87.27 billion at the end of June from US$79.83 billion in the previous month.