Group 1: Foreign Exchange Reserves - As of August 2025, China's foreign exchange reserves reached $33,222 billion, an increase of $299 billion from the end of July, marking a rise of 0.91% and the highest level since January 2016 [1][3] - The increase in foreign exchange reserves is attributed to the depreciation of the US dollar, lower US Treasury yields, and rising global stock indices, which collectively contributed to a positive valuation effect [3][4] - The stable performance of China's economy provides strong support for maintaining a stable level of foreign exchange reserves, which is crucial for stabilizing the RMB exchange rate [1][5] Group 2: Gold Reserves - The People's Bank of China has increased its gold reserves for the tenth consecutive month, with reserves reaching 7,402 million ounces (approximately 2,302.28 tons) as of the end of August, an increase of 6,000 ounces [2][6] - The value of gold reserves rose by $98.58 billion to $253.84 billion, with the proportion of gold reserves to total foreign exchange reserves increasing to 7.64%, a historical high [2][6] - The ongoing increase in gold reserves is driven by the need to optimize the international reserve structure and respond to changes in the global political and economic landscape [6][7] Group 3: Market Trends and Economic Outlook - The decline in the US dollar index by 2.2% in August, along with the appreciation of non-US currencies, contributed to the increase in foreign exchange reserves due to favorable exchange rate effects [4][5] - Global asset prices rose, supported by expectations of interest rate cuts, with the S&P 500 index increasing by 1.9% and the Nikkei index rising by 4% [4][5] - Despite external uncertainties, China's economic fundamentals remain strong, with a diversified trade structure and increasing attractiveness of RMB assets to international capital [5][6]
21解读｜我国外储重回3.3万亿美元大关 黄金储备“十连涨”
2 1 Shi Ji Jing Ji Bao Dao·2025-09-07 06:50