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.

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China Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
3101700.00 3091500.00 3993212.72 2262.00 1980 - 2020 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-07 02:30 AM Feb $3.107T $3.115T $3.1T $3.1T
2020-04-07 08:00 AM Mar $3.061T $3.107T $3.1T $ 3.1T
2020-05-07 08:00 AM Apr $3.092T $3.061T $3.05T $3.0T
2020-06-07 02:00 AM May $3.102T $3.091T $3.081T $3.1T
2020-07-07 08:00 AM Jun $3.102T $3.12T $3.1T
2020-08-07 07:00 AM Jul
2020-09-07 07:00 AM Aug
2020-10-07 07:00 AM Sep $3.1T


News Stream
China Forex Reserves Unexpectedly Rise in May
Chinese foreign exchange reserves unexpectedly rose $10.23 billion in May of 2020 to $3.102 trillion, beating market forecasts of USD 3.08 trillion. This was the largest figure since February, despite a weakening in 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.
2020-06-07
China Foreign Exchange Reserves Beat Forecasts
Chinese foreign exchange reserves rose to USD 3.091 trillion in April of 2020 from USD 3.06 trillion in March, beating market forecasts of USD 3.05 trillion as the government started to eased coronavirus lockdown restrictions. Chinese reserves had plunged in March to the lowest since October of 2018 amid a weakening yuan and concerns about the rapid spread of Covid-19 and its impact on the country's economy. The value of gold reserves went up to USD 106.67 billion at the end of April from USD 100.79 billion in March.
2020-05-07
China Forex Reserves Drop to 1-1/2-Year Low
China's foreign exchange reserves fell USD 46.085 billion from the previous month to USD 3.061 trillion in March 2020, the lowest level since October 2018 and below market forecasts of USD 3.1 trillion, amid a weakening yuan and concerns about the rapid spread of Covid-19 and its impact on the Chinese economy. The value of gold reserves was down to USD 100.79 billion at the end of March from USD 100.85 billion at the end of February.
2020-04-07
China Forex Reserves Drop Less than Expected
China's foreign exchange reserves fell USD 8.779 billion to USD 3.107 trillion in February 2020 from USD 3.115 trillion in a month earlier and compared with market consensus of a decline of USD 15.497 billion, amid a weakening yuan due to fears over the rapid spread of COVID-19 cases and its impact on the Chinese economy. The value of gold reserves went up to USD 100.85 billion from USD 99.24 billion at the end of January.
2020-03-07

China Foreign Exchange Reserves
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.