China’s foreign exchange reserves rose by $4.8 billion to $3.266 trillion in November 2024, beating market expectations of a decline to $3.23 trillion and up from $3.261 trillion in October. The increase occurred as the US dollar appreciated against other currencies. Last month, the yuan depreciated by 1.8% against the dollar, while the dollar strengthened by 1.8% against a basket of other major currencies. Meanwhile, gold reserves increased to 72.96 million troy ounces, after remaining flat at 72.80 million troy ounces in the previous six months. However, their value declined to $193.43 billion from $199.06 billion in October, in line with a drop in gold prices. source: People's Bank of China

Foreign Exchange Reserves in China increased to 3266000 USD Million in November from 3261000 USD Million in October of 2024. Foreign Exchange Reserves in China averaged 1292344.77 USD Million from 1980 until 2024, reaching an all time high of 3993212.72 USD Million in June of 2014 and a record low of 2262.00 USD Million in December of 1980. This page provides - China Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Foreign Exchange Reserves in China increased to 3266000 USD Million in November from 3261000 USD Million in October of 2024. Foreign Exchange Reserves in China is expected to be 3270000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Foreign Exchange Reserves is projected to trend around 3310000.00 USD Million in 2025 and 3330000.00 USD Million in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-07 08:00 AM
Foreign Exchange Reserves
Oct $3.261T $3.316T $3.29T $3.3T
2024-12-07 02:40 AM
Foreign Exchange Reserves
Nov $3.266T $3.261T $3.23T $3.2T
2025-01-07 08:00 AM
Foreign Exchange Reserves
Dec $3.266T $ 3.25T


Related Last Previous Unit Reference
New Yuan Loans 580.00 500.00 CNY Billion Nov 2024
Cash Reserve Ratio Big Banks 9.50 9.50 percent Nov 2024
Central Bank Balance Sheet 453707.10 447357.48 CNY Hundred Million Nov 2024
Foreign Exchange Reserves 3265860.00 3261000.00 USD Million Nov 2024
Interbank Rate 1.69 1.69 percent Dec 2024
Loan Prime Rate 1Y 3.10 3.10 percent Dec 2024
Liquidity Injections Via Reverse Repo 89.10 107.80 CNY Billion Dec 2024
Outstanding Loan Growth YoY 7.70 7.80 percent Nov 2024
Loans To Banks 2522738.96 2518680.28 CNY Hundred Million Oct 2024
Total Social Financing 23400.00 14000.00 CNY Hundred Million Nov 2024
Money Supply M0 12418.03 12244.70 CNY Billion Nov 2024
Money Supply M1 65090.42 63335.75 CNY Billion Nov 2024
M2 Money Supply YoY 311876.72 309709.20 CNY Billion Nov 2024
7-Day Reverse Repo Rate 1.50 1.50 percent Nov 2024

China Foreign Exchange Reserves
In China, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.
Actual Previous Highest Lowest Dates Unit Frequency
3265860.00 3261000.00 3993212.72 2262.00 1980 - 2024 USD Million Monthly
Current Prices, NSA


News Stream
China Forex Reserves Unexpectedly Rise
China’s foreign exchange reserves rose by $4.8 billion to $3.266 trillion in November 2024, beating market expectations of a decline to $3.23 trillion and up from $3.261 trillion in October. The increase occurred as the US dollar appreciated against other currencies. Last month, the yuan depreciated by 1.8% against the dollar, while the dollar strengthened by 1.8% against a basket of other major currencies. Meanwhile, gold reserves increased to 72.96 million troy ounces, after remaining flat at 72.80 million troy ounces in the previous six months. However, their value declined to $193.43 billion from $199.06 billion in October, in line with a drop in gold prices.
2024-12-07
China Foreign Exchange Reserves at 3-Month Low
China’s foreign exchange reserves fell by $55.3 billion to $3.261 trillion in October 2024, the lowest in three months, and below market expectations of $3.29 trillion. The decrease was driven by a combination of factors, including currency fluctuations and shifts in asset prices. In October, the People's Bank of China held off on purchasing gold for its reserves for the sixth month in a row. Still, gold reserves increased to an equivalent of $199 billion from an equivalent of $191.5 billion in the previous month, aligned with a rise in gold prices.
2024-11-08
China Forex Reserves Rise to Near 9-Year High
China’s foreign exchange reserves rose by $28.1 billion to $3.316 trillion in September of 2024, slightly above market expectations of $3.3 trillion. It was the third consecutive month of expansion to the highest level since December of 2015, consolidating the PBoC’s position of having the most foreign exchange reserves among any other monetary authority. In the meantime, gold reserves rose to an equivalent of $191.5 billion from an equivalent of $183 billion in the previous month, aligned with the jump in gold prices amid the momentum of looser monetary policy by major central banks across the globe.
2024-10-07