China's foreign exchange reserves fell to USD 3.16 trillion at the end of August 2023, the lowest in six months, from USD 3.204 trillion in the prior month and below market expectations of USD 3.187 trillion, as the dollar strengthened against other major currencies. At the same time, the value of the gold reserves increased to USD 135.224 billion at the end of August from USD 135.35 billion at the end of July. source: People's Bank of China

Foreign Exchange Reserves in China averaged 1236410.52 USD Million from 1980 until 2023, 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 September of 2023.

Foreign Exchange Reserves in China is expected to be 3150000.00 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 3180000.00 USD Million in 2024, according to our econometric models.

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China Foreign Exchange Reserves



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-08-07 08:00 AM Jul $3.204T $3.193T $3.2T $3.19T
2023-09-07 08:00 AM Aug $3.16T $3.204T $3.187T $3.2T
2023-10-07 08:00 AM Sep $3.16T $ 3.15T


Related Last Unit Reference
Interest Rate 3.45 percent Sep 2023
Cash Reserve Ratio 10.75 percent Sep 2023
Interbank Rate 2.30 percent Sep 2023
Money Supply M0 10612.97 CNY Billion Jul 2023
Money Supply M1 67721.89 CNY Billion Jul 2023
Money Supply M2 285403.16 CNY Billion Jul 2023
Foreign Exchange Reserves 3160098.00 USD Million Aug 2023
Central Bank Balance Sheet 408091.68 CNY Hundred Million Jul 2023
Banks Balance Sheet 345.90 CNY Billion Jul 2023
Loans to Private Sector 5282.00 CNY Hundred Million Jul 2023
Deposit Interest Rate 0.35 percent Aug 2023
Loan Growth 11.10 percent Jul 2023
Reverse Repo Rate 1.80 percent Sep 2023
Liquidity Injections Via Reverse Repo 363.00 CNY Billion Sep 2023
Loans To Banks 2297264.69 CNY Hundred Million Jul 2023
Lending Rate 4.35 percent Oct 2022

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
3160098.00 3204270.00 3993212.72 2262.00 1980 - 2023 USD Million Monthly
Current Prices, NSA

News Stream
China Foreign Reserves Down to 6-Month Low
China's foreign exchange reserves fell to USD 3.16 trillion at the end of August 2023, the lowest in six months, from USD 3.204 trillion in the prior month and below market expectations of USD 3.187 trillion, as the dollar strengthened against other major currencies. At the same time, the value of the gold reserves increased to USD 135.224 billion at the end of August from USD 135.35 billion at the end of July.
2023-09-07
China Forex Reserves Rise on Dollar Weakness
China's foreign exchange reserves rose to USD 3.204 trillion at the end of July 2023, up from USD 3.193 trillion in the prior month and slightly above market expectations of USD 3.200 trillion, as the dollar depreciated against other major currencies. The greenback fell 1% against a basket of other major currencies last month while the yuan rose 1.5% against the USD. At the same time, the value of the gold reserves increased to USD 135.36 billion at the end of July from USD 129.93 billion at the end of June.
2023-08-07
China Forex Reserves Above Forecasts
China's foreign exchange reserves rose to USD 3.193 trillion at the end of June 2023, up from USD 3.177 trillion in the prior month and above market expectations of USD 3.178 trillion, as the dollar fell against other major currencies. The greenback fell 0.6% against a basket of other major currencies last month after the Federal Reserve paused its rate-hike cycle. At the same time, the value of the gold reserves increased to USD 129.93 billion at the end of June from USD 132.15 billion at the end of May.
2023-07-07