China: Central Bank Reserve Assets - Foreign Currency

Macro

2026-09-07

Description

China Central Bank Foreign Currency Reserve is published by the People's Bank of China (PBOC) to measure the total amount of foreign currency assets held by China's central bank. Foreign currency reserves are crucial assets used by the central bank to address balance of payments imbalances, stabilize exchange rates, and support financial stability. An increase in foreign currency reserves typically indicates a strong trade surplus and capital inflows, while a decrease may reflect capital outflows or foreign exchange interventions by the central bank to stabilize the exchange rate.

Published by
People's Bank of China (Choice)
Frequency
Monthly
Next Update

AI Data Insight

In Q3 2026 (as of August), China's foreign exchange reserves reached USD 3,438.325 billion, a strong increase of USD 19.549 billion from the previous period's USD 3,418.776 billion, beating market consensus. The growth was primarily driven by valuation effects from a weakening US dollar. Meanwhile, simultaneously released data showed gold reserves surged by 650,000 ounces, setting a record of 22 consecutive months of accumulation. Looking ahead, intertwined with expectations of Federal Reserve interest rate cuts and geopolitical risks, China will continue its asset diversification strategy, providing solid support for the scale of its foreign exchange reserves.

AI Data Insight

In Q3 2026 (as of August), China's foreign exchange reserves reached USD 3,438.325 billion, a strong increase of USD 19.549 billion from the previous period's USD 3,418.776 billion, beating market consensus. The growth was primarily driven by valuation effects from a weakening US dollar. Meanwhile, simultaneously released data showed gold reserves surged by 650,000 ounces, setting a record of 22 consecutive months of accumulation. Looking ahead, intertwined with expectations of Federal Reserve interest rate cuts and geopolitical risks, China will continue its asset diversification strategy, providing solid support for the scale of its foreign exchange reserves.

Description

China Central Bank Foreign Currency Reserve is published by the People's Bank of China (PBOC) to measure the total amount of foreign currency assets held by China's central bank. Foreign currency reserves are crucial assets used by the central bank to address balance of payments imbalances, stabilize exchange rates, and support financial stability. An increase in foreign currency reserves typically indicates a strong trade surplus and capital inflows, while a decrease may reflect capital outflows or foreign exchange interventions by the central bank to stabilize the exchange rate.

Published by
People's Bank of China (Choice)
Frequency
Monthly
Next Update