Friday, October 30, 2026 International Edition
Business

China's forex reserves fall 1.11% to $3.4003 trillion last month

China's foreign exchange reserves stood at $3.4003 trillion at the end of September, down $38.1 billion, or 1.11 percent, from August, the State Administration of Foreign Exchange said on Wednesday.

The US dollar index rose in September while prices of major global financial assets generally declined, amid changes in the global macroeconomic environment and monetary policies in major economies, the SAFE noted in a statement.

The combined effects of exchange-rate movements and changes in asset prices led to the decline in China's foreign exchange reserves during the month, according to SAFE.

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