我国外汇储备连续三个月超3.3万亿美元

Core Points - As of the end of October 2025, China's foreign exchange reserves reached $334.33 billion, an increase of $4.7 billion from the end of September, marking a rise of 0.14% and the highest level since December 2015 [1][3] - The increase in foreign exchange reserves is attributed to the impact of major economies' monetary policies, macroeconomic data, and the overall rise in global financial asset prices [1][3] - The U.S. Federal Reserve's decision to cut interest rates by 25 basis points in October, along with the easing of China-U.S. trade relations, contributed to the overall increase in global asset prices and a rebound in the dollar [1][3] Summary by Category Foreign Exchange Reserves - China's foreign exchange reserves have remained above $3.3 trillion for three consecutive months, supported by a combination of factors including the depreciation of the dollar and rising U.S. Treasury yields [3][4] - The current level of foreign exchange reserves is considered to be at a relatively high level, with the People's Bank of China potentially engaging in foreign exchange net selling to maintain reserves within a reasonable range [4] Economic Indicators - In October, the U.S. dollar index rose, and global financial asset prices generally increased, with the U.S. S&P 500 index rising by 2.3% and the Nikkei index in Japan increasing by 16.6%, reaching a historical high [3] - The European Stoxx index also saw a rise of 2.6%, reflecting a slow recovery in the Eurozone economy [3] Future Outlook - The foreign exchange reserves are expected to remain stable in the future, providing important support for maintaining the RMB exchange rate at a reasonable equilibrium level amid increasing external volatility [4]