Beijing, March 8, 2025 – The Europe Today: China’s foreign exchange reserves reached nearly $3.23 trillion at the end of February, marking an increase of $18.2 billion or 0.57 percent compared to the end of January, according to official data released on Friday.
The State Administration of Foreign Exchange stated that fluctuations in the U.S. dollar index, macroeconomic policies, financial data from major economies, and monetary policies of key central banks influenced global financial asset prices last month.
The increase in China’s foreign exchange reserves was attributed to currency translation and asset price changes, reflecting the country’s economic stability and resilience. The administration emphasized that China’s economy remains robust, with multiple advantages and strong growth potential, contributing to the overall stability of foreign exchange reserves.
Additionally, data from the People’s Bank of China, released on Friday, showed that China’s gold reserves increased to 73.61 million ounces at the end of February, up from 73.45 million ounces at the end of January.
