FX.co ★ China Forex Reserves Largest in 4 Months

In March 2025, China's foreign exchange reserves experienced an increase of USD 13.4 billion, reaching USD 3.241 trillion from February's USD 3.227 trillion, marking the highest level observed since the previous November. This rise coincided with a period where the U.S. dollar weakened compared to other significant global currencies. While the yuan depreciated by 0.31% against the dollar in March, the dollar itself declined by 3.13% relative to a basket of other major currencies. The nation’s gold reserves also saw an uptick, standing at 73.7 million fine troy ounces by the end of March, a growth from 73.61 million ounces recorded at the end of February, as the central bank continued its purchasing streak for the fifth consecutive month. Consequently, the valuation of gold reserves surged to USD 299.6 billion, an increase from USD 208.64 billion recorded the month prior.