- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,195.00+0.10%
- INTEREST37.00%-1.00
- BITCOIN81,946-2.06%
- October 13, 202618°
- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,195.00+0.10%
- INTEREST37.00%-1.00
- BITCOIN81,946-2.06%
- October 13, 202618°
China's Foreign Exchange Reserves Rise to $3.44 Trillion in May
China's foreign exchange reserves increased by $31.7 billion compared to the previous month, reaching $3.442 trillion at the end of May 2026. The rise was attributed to the combined effects of swap transactions and changes in asset prices.
China's foreign exchange reserves rose to $3.442 trillion at the end of May 2026, marking an increase of $31.7 billion compared to April.
The State Administration of Foreign Exchange of China announced that the reserves grew by 0.93% on a monthly basis, indicating an upward trend in the country's foreign exchange assets in May.
Two factors cited for the increase
The agency reported that the US dollar index rose in May and global financial asset prices generally increased. The statement noted that the rise in reserves was due to the combined effect of swap transactions and changes in asset prices.
The data pointed to a positive monthly performance for China's foreign exchange reserves. No further details were provided in the announcement.
Stay Updated with The Turkiye Times
Subscribe to be informed about special news, developments and announcements. We will keep you informed.
By signing up, you agree to our Privacy Policy
