China's Forex Reserves Edge Higher to $3.44 Trillion at End of August

Stock News
Sep 07

Official data from the State Administration of Foreign Exchange reveals that China's foreign exchange reserves reached $3.4383 trillion by the end of August 2026, marking an increase of $19.5 billion, or 0.57%, compared to the level at the end of July.

Throughout August 2026, the U.S. dollar index declined, while price trends across major global financial assets showed divergence, influenced by worldwide macroeconomic data and expectations regarding monetary policy from key economies. The combined impact of currency translation effects and fluctuations in asset prices contributed to the rise in the reserve scale during the month.

China's economy continues to operate with overall stability and steady progress, demonstrating robust resilience and vitality, which provides solid support for maintaining the foreign exchange reserves at a broadly stable level.

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