ChineseEnglish
SAFE News
  • Index number:
    000014453-2022-0106
  • Dispatch date:
    2022-12-07
  • Publish organization:
    State Administration of Foreign Exchange
  • Exchange Reference number:
  • Name:
    SAFE Releases Data on China’s Foreign Exchange Reserves at the End of November 2022
SAFE Releases Data on China’s Foreign Exchange Reserves at the End of November 2022

According to the statistics of the State Administration of Foreign Exchange (SAFE), by the end of November 2022, China’s foreign exchange reserves stood at USD 3.1175 trillion, up by USD 65.1 billion, or 2.13%, from the end of October.

In November 2022, influenced by the global macroeconomic data, the monetary policy expectations of major economies and other factors, the US dollar index fell and the prices of global financial assets climbed. China’s foreign exchange reserves rose this month due to the combined effects of currency translation and asset price changes. China continues to promote the implementation of a package of policies to stabilize the economy with subsequent measures coming into full force, and with China’s economy showing a recovery and upward trend, which will support the overall stability of the foreign exchange reserves.

The English translation may only be used as a reference. In case a different interpretation of the translated information contained in this website arises, the original Chinese shall prevail.

Contact Us | For Home | Join Collection

State Administration of Foreign Exchange