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. source: People's Bank of China
Foreign Exchange Reserves in China averaged 1232689.66 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 August of 2023.
Foreign Exchange Reserves in China is expected to be 3200000.00 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.