In January 2026, China's foreign exchange reserves experienced an increase of USD 41.2 billion, reaching USD 3.399 trillion, up from December 2025's figure of USD 3.358 trillion. This constitutes the seventh successive month of growth, hitting the highest point since November 2015, largely driven by a continually weakening U.S. dollar. Concurrently, the People’s Bank of China expanded its gold reserves for the fifteenth month in a row. These reserves edged up to 74.19 million fine troy ounces in January from 74.15 million in December 2025. The valuation of these gold holdings surged to USD 369.58 billion, an increase from the previous month's USD 319.45 billion.