BEIJING, China?China's foreign exchange reserves surged to a record $2.454 trillion at the end of June, the central bank said on Sunday.
The reserves, already the world's largest, grew 15.1 percent from a year ago, the People's Bank of China said on its website.
The central bank had said previously its reserves were at $2.447 trillion at the end of March.
China's forex reserves have ballooned in recent years, fuelled by strong foreign investment, large trade surpluses, and inflows of "hot money"?short-term speculative funds in search of quick profits.
