PANews
PANews|Mar 07, 2026 02:24
[State Administration of Foreign Exchange: Foreign exchange reserves stood at $3.4278 trillion at the end of February, up 0.85% from the end of January] According to Jintou News, data from the State Administration of Foreign Exchange shows that as of the end of February 2026, China's foreign exchange reserves amounted to $3.4278 trillion, an increase of $28.7 billion from the end of January, representing a rise of 0.85%. In February 2026, influenced by factors such as macroeconomic data, monetary policies, and expectations of major economies, the U.S. Dollar Index rose, and the prices of major global financial assets showed mixed performance. The combined effects of exchange rate conversions and asset price changes contributed to the increase in foreign exchange reserves during the month. China's economy continues to progress steadily, developing toward higher quality and innovation. The long-term positive fundamentals and supporting conditions remain unchanged, which is conducive to maintaining the basic stability of foreign exchange reserves.
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