Chinese foreign exchange reserves unexpectedly rose $10.23 billion to $3.102 trillion in May of 2020, beating market forecasts of USD 3.081 trillion. This was the largest figure since February, despite a weaker yuan amid concerns over growing tensions between Washington and Beijing. Meanwhile, the value of gold reserves increased to USD 108.29 billion at the end of May from USD 106.67 billion in April.
Foreign Exchange Reserves in China averaged 1079158.59 USD Million from 1980 until 2020, reaching an all time high of 3993212.72 USD Million in June of 2014 and a record low of 2262 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 July of 2020. source: People's Bank of China
Foreign Exchange Reserves in China is expected to be 3100000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in China to stand at 300000.00 in 12 months time. In the long-term, the China Foreign Exchange Reserves is projected to trend around 3100000.00 USD Million in 2021, according to our econometric models.