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China Foreign Exchange Reserves
Last Release
Dec 31, 2024
Actual
3,202,000
Units In
USD Million
Previous
3,266,000
Frequency
Monthly
Next Release
Feb 07, 2025
Time to Release
29 Days 8 Hours
Highest | Lowest | Average | Date Range | Source |
3,993,212.72 Jun 2014 | 2,262 Dec 1980 | 1,295,917.97 USD Million | 1980-2024 | People's Bank of China |
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.
Latest Updates
China’s foreign exchange reserves fell to $3.2 trillion in December 2024, the lowest in eight months, from $3.26 trillion in November and below expectations of $3.25 trillion. The drop comes amid a strengthening US dollar. The yuan weakened by 1.2%, while the dollar gained 2.6% against major currencies. Meanwhile, gold reserves were at 73.29 million fine troy ounces, slightly higher than 72.96 million troy ounces in the previous month. However, their value declined to $191.34 billion from $193.43 billion, in line with a drop in gold prices.
China Foreign Exchange Reserves History
Last 12 readings