The National Foreign Exchange Authority of China announced a decline in the country’s foreign currency reserves. At the end of March 2026, reserves amounted to $3.3421 trillion, which represents a decline of $85.7 billion, or 2.5%, compared to the previous February.
The Authority explained that this decrease is due to several factors. During the month of March, the US Dollar Index rose, while the prices of major global financial assets fell. The authority attributed these developments to “the global macroeconomic environment, the monetary policies of major economies, and market expectations.”
According to the Chinese “Xinhua” News Agency, the authority attributed this decline to “the combined effects of exchange rate fluctuations and asset price changes.”
Despite this decline, the authority confirmed that “the Chinese economy recorded a stable and growing performance during the aforementioned period, driven by a new and higher-quality development momentum, as this stable performance provided strong support to maintain fundamental stability in the size of the country’s foreign exchange reserves.”
