China's Forex Reserves Reach $3.44 Trillion at August End, Up 0.57% Month-on-Month

Deep News

Sep 07

China's foreign exchange reserves stood at $3,438.3 billion at the end of August 2026, an increase of $19.5 billion from the end of July, representing a monthly gain of 0.57%, according to official data released by the State Administration of Foreign Exchange.

During August 2026, the US dollar index declined amid global macroeconomic data releases and shifts in monetary policy expectations among major economies. Concurrently, price movements across key global financial assets showed a mixed performance, with exchange rate conversions and fluctuations in asset prices collectively contributing to the rise in the nation's reserve holdings for the period.

The Chinese economy continues to operate on a stable trajectory with steady progress, demonstrating considerable resilience and vitality. This underlying strength serves as a solid foundation supporting the overall stability of the country's foreign exchange reserve scale.

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