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    MarketForces Africa » MarketForces News » China’s Foreign Reserves Surge to $3.343trn in October

    China’s Foreign Reserves Surge to $3.343trn in October

    Julius AlagbeBy Julius AlagbeNovember 7, 2025 News No Comments1 Min Read
    China’s Foreign Reserves Surge to $3.343trn in October
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    China’s Foreign Reserves Surge to $3.343trn in October

    China’s foreign exchange reserves increased to USD 3.343 trillion in October 2025, up from USD 3.339 trillion in September and exceeding market expectations of USD 3.32 trillion.

    According to China’s State Administration of Foreign Exchange data, the value of the country’s foreign exchange reserves increased by 0.14%, or $4.7 billion, from September.

    The administration said that the US dollar index and global financial asset prices generally rose in October and that the increase in foreign exchange reserves was due to the combined effect of exchange transactions and changes in asset prices.

    Also, China’s official gold reserves came in at 74.09 million ounces at the end of October, up from 74.06 million ounces a month earlier, marking its 12th consecutive month of increase, according to State Administration of Foreign Exchange Oando Profit Grows by 164% as Group Recognises N182bn Tax Credit

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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