Group 1: Foreign Exchange Reserves - As of the end of July, China's foreign exchange reserves decreased by $25.2 billion to $329.22 billion, marking a decline of 0.76% and ending a six-month growth streak [1][3][4] - The decline is attributed to the appreciation of the US dollar and the depreciation of non-US currencies, which resulted in a negative valuation effect on reserves [3][4] - The US dollar index rose by 3.2% in July, while major non-US currencies like the yen, euro, and pound depreciated by 4.5%, 3.2%, and 3.8% respectively [3][4] Group 2: Gold Reserves - As of the end of July, China's gold reserves increased by 60,000 ounces to 73.96 million ounces, marking the ninth consecutive month of net increases [1][6] - The gold reserves' value rose by approximately $1.1 billion to $244 billion, representing 7.41% of the total foreign exchange reserves, the highest in three months [6][8] - Despite the increase, the central bank's gold purchases have remained low, averaging 60,000 to 70,000 ounces per month, which is seen as a rational choice given the current high gold prices [6][8]
【新华解读】7月外储规模保持基本稳定 黄金储备实现“九连增”
Xin Hua Cai Jing·2025-08-07 14:02