Chinese foreign exchange reserves rose to USD 3.091 trillion in April of 2020 from USD 3.06 trillion in March, beating market forecasts of USD 3.05 trillion as the government started to eased coronavirus lockdown restrictions. Chinese reserves had plunged in March to the lowest since October of 2018 amid a weakening yuan and concerns about the rapid spread of Covid-19 and its impact on the country's economy. The value of gold reserves went up to USD 106.67 billion at the end of April from USD 100.79 billion in March.
Foreign Exchange Reserves in China averaged 1074927.33 USD Million from 1980 until 2020, reaching an all time high of 3993212.72 USD Million in June of 2014 and a record low of 2262 USD Million in December of 1980. This page provides - China Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: People's Bank of China
Foreign Exchange Reserves in China is expected to be 3100000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in China to stand at 300000.00 in 12 months time. In the long-term, the China Foreign Exchange Reserves is projected to trend around 3100000.00 USD Million in 2021, according to our econometric models.