China's foreign exchange reserves rose to USD 3.217 trillion in December of 2020, from USD 3.178 trillion in the previous month and above market expectations of USD 3.191 trillion. It was the highest level in foreign reserves since April of 2016, due to a general fall in the dollar and rises in global asset prices. Meanwhile, the value of the gold reserves rose to USD 118.25 billion from USD 110.41 billion in November. source: People's Bank of China
Foreign Exchange Reserves in China averaged 1109082.90 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 January of 2021.
Foreign Exchange Reserves in China is expected to be 3200000.00 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 3190000.00 in 12 months time. In the long-term, the China Foreign Exchange Reserves is projected to trend around 3200000.00 USD Million in 2022, according to our econometric models.