
China Sees Rising Global Interest in RMB Assets
China’s forex regulator forecasts increased foreign holdings of yuan assets, citing economic resilience and market reform progress.
News & Insights Across Asia
China’s forex regulator forecasts increased foreign holdings of yuan assets, citing economic resilience and market reform progress.
China’s foreign exchange reserves increased by $28.2 billion in September to reach $3.3164 trillion, according to the State Administration of Foreign Exchange, reflecting resilient economic growth.
China’s foreign exchange reserves declined 0.3% in June to $3.2224 trillion, according to SAFE. The decrease was due to currency translation and asset price changes, but economic outlook remains positive.
China’s foreign exchange reserves increased by $19.8 billion in March to $3.2457 trillion, according to the State Administration of Foreign Exchange, driven by exchange rate fluctuations and rising asset prices.