China's forex reserves rise more than expected in April

BEIJING, May 7 (Reuters) - China's foreign exchange reserves rose more than expected in April, official data showed on Wednesday, as the dollar continued to weaken against other major currencies.

The country's foreign exchange reserves, the world's largest, increased by $41 billion last month to $3.282 trillion, beating a Reuters forecast of $3.265 trillion. The reserves were $3.241 trillion in March.

The yuan CNY=CFXS strengthened 0.21% against the dollar in April, while the dollar slumped 4.34% against a basket of other major currencies =USD.