Beijing: China's foreign exchange reserves stood at US$3.3421 trillion at the end of March 2026, marking a decrease of US$85.7 billion, or 2.5 percent, from the end of February, as per official data released on Tuesday.
According to Emirates News Agency, the State Administration of Foreign Exchange attributed this decline to a rise in the US dollar index and a drop in the prices of major global financial assets. These fluctuations were driven by factors such as the global macroeconomic environment, monetary policies of major economies, and market expectations.
The administration explained that the combination of exchange rate conversion and asset price changes contributed to the decrease in China's foreign exchange reserves during March. Despite this, China's economy showed steady and improving performance with new and higher-quality development momentum. This steady economic performance provided robust support for maintaining the basic stability of the country's foreign exchange reserves.
