China’s forex reserves fall to $3.34 tn in March 2026

China’s foreign exchange reserves declined to $3.3421 trillion at the end of March 2026, down $85.7 billion, or 2.5 per cent, from the end of February, according to official data released by the State Administration of Foreign Exchange.

It attributed the decline to a combination of external financial factors. In March, the US dollar index strengthened, while prices of major global financial assets fell, reflecting shifts in the global macroeconomic environment, monetary policy adjustments by major economies, and evolving market expectations.

China’s forex reserves fell by $85.7 billion to $3.3421 trillion in March 2026, impacted by a stronger US dollar and declining global asset prices.
The State Administration of Foreign Exchange cited exchange rate and valuation effects, while noting that steady economic performance continues to support overall reserve stability.
The reserves remain among the world’s largest.

It also noted that exchange rate conversion effects and changes in asset prices together led to the reduction in reserves during the month. 

Despite the decline, China’s economy maintained steady and improving performance, supported by emerging higher-quality development drivers. This stability has provided a solid foundation for keeping the country’s foreign exchange reserves broadly stable, said Chinese media reports. 

Fibre2Fashion News Desk (JP)