China's Foreign Exchange Reserves Rise to US$3.4105 Trillion, With Total Gold Reserves at 74.64 Million Ounces
2026-05-08 14:19
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en.Wedoany.com Reported - The latest data released by China's State Administration of Foreign Exchange shows that as of the end of April 2026, the country's foreign exchange reserves reached US$3.4105 trillion, an increase of US$68.4 billion, or 2.05%, compared to the end of March.

In April, driven by factors such as macroeconomic indicators of major economies, monetary policy trends, and changes in market expectations, the US dollar index declined, and global financial asset prices showed some divergence. Under the combined effects of exchange rate translation and asset valuation changes, the scale of foreign exchange reserves grew during the month. China's economy continues to consolidate its foundation of steady improvement, with development resilience and vitality constantly emerging, providing support for the overall stability of foreign exchange reserves.

Information released concurrently by the central bank shows that as of the end of April, China's total gold reserves stood at 74.64 million ounces, equivalent to approximately 2,321.58 tons, an increase of 260,000 ounces, or about 8.09 tons, month-on-month. With this latest increase, the People's Bank of China has been a net buyer of gold for 18 consecutive months since November 2022.

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