China FX Reserves Hit $3.399trn, PBOC Boosts Gold Holdings
China’s foreign exchange (FX) reserves totaled 3.3991 trillion U.S. dollars at the end of January 2026, marking an increase of 41.2 billion dollars, or 1.23 percent, from the end of December last year, official data showed on Saturday.
The updated foreign reserves figure marked the seventh consecutive monthly rise and the highest level since November 2015, supported by a persistently weaker US dollar.
The State Administration of Foreign Exchange noted that the U.S. dollar index declined in January, while prices of major global financial assets rose overall, influenced by fiscal and monetary policies as well as market expectations in major economies.
The combined effects of exchange rate conversion and changes in asset prices contributed to the increase in China’s foreign exchange reserves during the month, the administration said.
China’s economy continued to register steady and improving performance, with development resilience further strengthening, providing solid support in the quest to keep the scale of foreign exchange reserves basically stable, it added.
The People’s Bank of China (PBOC) continued to add to its gold holdings for the fifteenth consecutive month, with reserves rising slightly to 74.19 million fine troy ounces in January from 74.12 million in December 2025.
#China FX Reserves Hit $3.399trn, PBOC Boosts Gold Holdings XRP Price Increases Amidst Lack of Coin-Specific Catalysts
