3月末我国外储规模达31880亿美元

Core Insights - As of March 2022, China's foreign exchange reserves stood at $31,880 billion, a decrease of $25.8 billion or 0.8% from the end of February 2022, primarily influenced by valuation factors [1] - The overall cross-border capital inflow in March showed a recovery, with the foreign exchange market maintaining a basic balance in supply and demand [1] - The U.S. dollar index rose by 1.7% to 98.3 in March, while major non-dollar currencies such as the euro, pound, and yen experienced declines of 1.4%, 2.1%, and 5.5% respectively [1] Summary by Sections Foreign Exchange Reserves - China's foreign exchange reserves decreased by $25.8 billion in March 2022, attributed to valuation changes and asset price fluctuations [1] - The reserves are primarily denominated in U.S. dollars, and the decline was influenced by the depreciation of non-dollar currencies when converted to dollars [1] Market Conditions - The international financial market is experiencing increased volatility due to factors such as major countries' monetary policies, geopolitical tensions, and the ongoing COVID-19 pandemic [2] - The S&P 500 index rose by 3.6%, while the Eurozone's STOXX 50 index fell by 0.6%, and the Nikkei 225 index increased by 4.9% in March [1] Future Outlook - The foundation for maintaining stable foreign exchange reserves remains strong, supported by China's resilient economy and long-term positive outlook [2] - However, ongoing geopolitical conflicts and rising prices of commodities may lead to increased volatility in global financial markets, necessitating proactive macroeconomic policies to stabilize market expectations [2]