我国经济呈现向好态势，经济发展韧性强、活力足，这为外汇储备规模的稳定增长提供了坚实的基础。我国经济的稳定增长不 仅提升了市场对人民币资产的信心，也吸引了更多的外资流入，进一步增强了外汇储备的稳定性。此外，我国在国际贸易和投 资领域的持续开放，也为外汇储备的稳定增长提供了支持。 国家外汇管理局统计数据显示，截至4月末，我国外汇储备规模为32817亿美元，较3月末上升410亿美元，升幅为1.27%，已连 续17个月稳定在3.2万亿美元以上。这一数据表明我国外汇储备规模保持了较为稳定的增长态势，反映出我国经济的韧性和活 力。国家外汇管理局表示，4月受主要经济体宏观政策、经济增长预期等因素影响，美元指数下跌，全球金融资产价格涨跌互 现。我国经济呈现向好态势，经济发展韧性强、活力足，有利于外汇储备规模保持基本稳定。 外汇储备规模上升的原因 美元指数下跌 4月，美元指数下跌，这对我国外汇储备规模产生了积极影响。美元指数的下跌意味着其他货币相对美元升值，我国外汇储备 中的非美元资产价值相对上升，从而推动外汇储备规模的增加。此外，美元指数下跌也反映了市场对全球经济格局的调整预 期，特别是对美国经济政策和增长前景的担忧。 全球 ...

Core Viewpoint - China's foreign exchange reserves have remained stable above $3.2 trillion for 16 consecutive months, with a slight increase in March 2025, attributed to various macroeconomic factors and the central bank's ongoing gold purchases [1][3][4]. Group 1: Foreign Exchange Reserves - As of March 2025, China's foreign exchange reserves stood at $32,407 billion, an increase of $134 billion from February, representing a 0.42% rise [3][4]. - The increase in reserves is influenced by the depreciation of the US dollar index and fluctuations in global financial asset prices, with the dollar index falling by 3.2% to 104.2 in March [4]. - In the first quarter of 2025, China's foreign exchange reserves increased by a total of $38.3 billion, indicating a steady recovery [4]. Group 2: Gold Reserves - The central bank has increased its gold reserves for five consecutive months, with the total gold reserves reaching 7.37 million ounces by the end of March 2025, an increase of 90,000 ounces from February [6][7]. - The international gold price showed an overall upward trend in March, reaching a historical high, although it faced downward pressure in early April due to market liquidity issues and stronger dollar index [7][10]. - Market analysts suggest that while short-term gold prices may face challenges, long-term factors such as geopolitical risks and central bank purchases could support gold prices [10].