33433亿美元！ 10月末我国外储创近10年新高

Core Viewpoint - China's foreign exchange reserves have continued to rise, reaching over $3.3 trillion for three consecutive months, the highest level since November 2015, driven by factors such as major economies' monetary policies, macroeconomic data, and the performance of global financial assets [2][6]. Group 1: Foreign Exchange Reserves Trends - As of the end of October, China's foreign exchange reserves stood at $3.3 trillion, marking a significant increase of $140.99 billion compared to the end of the previous year [2][6]. - The increase in reserves is attributed to the depreciation of the US dollar, a decline in US Treasury yields, and a rise in major global stock indices [2][6]. - The US dollar index rose by 2.1% in October, reaching 99.8, while the Chinese yuan appreciated against major non-USD currencies [3][4]. Group 2: Global Financial Market Impact - The rise in the US dollar index and the overall increase in global financial asset prices have created a supportive environment for China's foreign reserves [3][4]. - Major stock indices, including the Nikkei, which surged by 16.6%, and the S&P 500, which rose by 2.3%, contributed to the positive valuation effect on foreign reserves [4][6]. - The Federal Reserve's decision to cut interest rates by 25 basis points in October has also played a role in boosting asset prices globally [4]. Group 3: Future Outlook for Foreign Reserves - Analysts expect China's foreign exchange reserves to remain stable, supported by a solid economic foundation and the emphasis on high-level opening-up in the "14th Five-Year Plan" [6][7]. - The potential for the central bank to conduct foreign exchange net selling may help maintain reserves within an appropriate range [6]. - The long-term positive trends in China's economy are expected to provide a stable backdrop for foreign exchange reserves [6][7].