Foreign exchange reserves held and published by the People's Bank of China fell by $85.7 billion from the previous month to an equivalent of $3.342 trillion in March of 2026, the sharpest decline in ten years. The pullback was aligned with the surge in the dollar during the period as the outbreak of war in the Middle East at the start of the month drove global markets to pivot toward the greenback, pressuring the dollar-valuation of Treasury securities, gold, and other foreign exchange assets. Bullion held by the PBoC fell to an equivalent of $343 billion, even though the central bank took more tonnage in the period. National stockpiles rose by 160 thousand troy ounces in the period, the most in over one year. source: People's Bank of China

Foreign Exchange Reserves in China decreased to 3342000 USD Million in March from 3428000 USD Million in February of 2026. Foreign Exchange Reserves in China averaged 1351096.36 USD Million from 1980 until 2026, 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 April of 2026.

Foreign Exchange Reserves in China decreased to 3342000 USD Million in March from 3428000 USD Million in February of 2026. Foreign Exchange Reserves in China is expected to be 3500000.00 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 3638000.00 USD Million in 2027 and 3738000.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-07 04:00 AM
Foreign Exchange Reserves
Feb $3.428T $3.399T $3.4T
2026-04-07 08:00 AM
Foreign Exchange Reserves
Mar $3.342T $3.428T $3.40T $ 3.4T
2026-05-07 08:00 AM
Foreign Exchange Reserves
Apr $3.342T $3.4T


Related Last Previous Unit Reference
Banks Balance Sheet 4887417.16 4849457.45 CNY Hundred Million Mar 2026
Reserve Requirement Ratio for Large Banks 7.50 7.50 percent Mar 2026
Central Bank Balance Sheet 491398.71 499862.79 CNY Hundred Million Mar 2026
Foreign Exchange Reserves 3342000.00 3428000.00 USD Million Mar 2026
Interbank Rate 1.45 1.46 percent Apr 2026
Loan Prime Rate 1Y 3.00 3.00 percent Mar 2026
Liquidity Injections Via Reverse Repo 0.50 1.00 CNY Billion Apr 2026
Outstanding Loan Growth YoY 5.70 6.00 percent Mar 2026
Loans To Banks 2779181.40 2749358.27 CNY Hundred Million Mar 2026
Loans to Households 835681.33 830772.39 CNY Hundred Million Mar 2026
Money Supply M0 14708.28 15143.64 CNY Billion Mar 2026
Money Supply M1 119320.30 115925.88 CNY Billion Mar 2026
M2 Money Supply YoY 347190.00 340294.81 CNY Billion Jan 2026
7-Day Reverse Repo Rate 1.40 1.40 percent Mar 2026


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
3342000.00 3428000.00 3993212.72 2262.00 1980 - 2026 USD Million Monthly
Current Prices, NSA

News Stream
China Foreign Exchange Reserves Slump Most in 10 Years
Foreign exchange reserves held and published by the People's Bank of China fell by $85.7 billion from the previous month to an equivalent of $3.342 trillion in March of 2026, the sharpest decline in ten years. The pullback was aligned with the surge in the dollar during the period as the outbreak of war in the Middle East at the start of the month drove global markets to pivot toward the greenback, pressuring the dollar-valuation of Treasury securities, gold, and other foreign exchange assets. Bullion held by the PBoC fell to an equivalent of $343 billion, even though the central bank took more tonnage in the period. National stockpiles rose by 160 thousand troy ounces in the period, the most in over one year.
2026-04-07
China FX Reserves Highest in Over 10 Years
China’s foreign exchange reserves rose by USD 28.7 billion to USD 3.428 trillion in February 2026 from USD 3.399 trillion in the previous month. The increase marked the seventh consecutive monthly gain and lifted reserves to their highest level since November 2015, supported by the Chinese yuan’s stronger performance against the U.S. dollar in recent weeks and valuation effects on non-dollar assets. Meanwhile, the People’s Bank of China continued to add to its gold holdings, extending its buying streak to a 16th straight month as the global gold rally persisted into February. The central bank’s gold reserves edged up to 74.22 million fine troy ounces by the end of the month, from 74.19 million ounces in January. In value terms, China’s gold reserves rose sharply to USD 387.59 billion at the end of February, compared with USD 369.58 billion a month earlier, largely reflecting higher global gold prices.
2026-03-07
China Forex Reserves Highest Since 2015
China’s foreign exchange reserves increased by USD 41.2 billion to USD 3.399 trillion in January 2026, up from USD 3.358 trillion in December 2025. This marked the sixth consecutive monthly rise and the highest level since November 2015, supported by a persistently weaker U.S. dollar. Meanwhile, the People’s Bank of China continued to add to its gold holdings for the fifteenth consecutive month, with reserves rising slightly to 74.19 million fine troy ounces in January from 74.15 million in December 2025. The value of these holdings climbed to USD 369.58 billion, up from USD 319.45 billion a month earlier. In 2025, China’s foreign exchange reserves increased in 11 months, rising by USD 155.512 billion over the year.
2026-02-07