China Foreign Exchange Reserves

Country:
China
CNY, Chinese yuan
Sector:
Money
Low $3.053 T $3.096 T
$3.087 T
Last release Importance Actual Forecast
Previous
$3.082 T
$3.053 T
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

Foreign Exchange Reserves reflect the total amount of foreign currency held by the People's Bank of China. Foreign exchange reserves include foreign banknotes, bank deposits, bonds, treasury bills and other government securities, as well as special drawing rights issued by the IMF, and a reserve position in the IMF.

China's foreign exchange reserves include all global reserve currencies (the US dollar, which accounts for more than half of the reserves, the euro, the British pound, the Japanese yen and the Swiss franc), as well as currencies of other largest world economies.

Foreign exchange reserves are mainly used to ensure the flexibility and stability of China's financial system. The diversification of financial assets protects against sharp shocks. Also, foreign exchange reserves are traditionally used to control the national currency. Any currency of any country (in particular, the yuan) is only an IOU from the issuing state with the assurance that its value will be upheld. The country's foreign exchange reserves are alternative forms of money to back the yuan. Moreover, foreign exchange reserves are commonly used as an instrument of monetary policy (the country sells or accumulates foreign exchange assets, depending on the desired effect on its own currency rate).

As of March 2018, China holds the world's largest foreign exchange reserves. Statistics on foreign exchange reserves are published every three months. The influence of this indicator on yuan quotes depends in accompanying factors.

Last values:

actual data

forecast

The chart of the entire available history of the "China Foreign Exchange Reserves" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Oct 2018
$3.053 T
$3.096 T
$3.087 T
Sep 2018
$3.087 T
$3.114 T
$3.11 T
Aug 2018
$3.11 T
$3.128 T
$3.118 T
Jul 2018
$3.118 T
$3.099 T
$3.112 T
Jun 2018
$3.112 T
$3.101 T
$3.111 T
May 2018
$3.111 T
$3.12 T
$3.125 T
Apr 2018
$3.125 T
$3.248 T
$3.143 T
Mar 2018
$3.143 T
$3.134 T
Feb 2018
$3.134 T
$3.161 T
Jan 2018
$3.161 T
$3.139 T
Dec 2017
$3.139 T
$3.119 T
Nov 2017
$3.119 T
$3.109 T
Oct 2017
$3.109 T
$3.108 T
Sep 2017
$3.108 T
$3.092 T
Aug 2017
$3.092 T
$3.081 T
Jul 2017
$3.081 T
$3.057 T
Jun 2017
$3.057 T
$3.054 T
May 2017
$3.054 T
$3.03 T
Apr 2017
$3.03 T
$3.009 T
Mar 2017
$3.009 T
$3.005 T
Feb 2017
$3.005 T
$2.998 T
Jan 2017
$2.998 T
$3.011 T
Dec 2016
$3.011 T
$3.052 T
Nov 2016
$3.05 T
$3.12 T
Oct 2016
$3.12 T
$3.17 T
Sep 2016
$3.17 T
$3.18 T
Aug 2016
$3.18 T
$3.2 T
Jul 2016
$3.2 T
$3.21 T
Jun 2016
$3.21 T
$3.19 T
May 2016
$3.19 T
$3.219 T
Apr 2016
$3.219 T
$3.21 T
Mar 2016
$3.21 T
$3.2 T
Feb 2016
$3.2 T
$3.23 T
Jan 2016
$3.23 T
$3.33 T
Dec 2015
$3.33 T
$3.44 T
Nov 2015
$3.44 T

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Display area

Widget type

Display information

Default calendar period

Widget language

Your embed code

Copy widget codeCopied

Preview