The People's Bank of China increases gold holdings for the 16th consecutive month

2026-03-07 03:38:17

Abstract generation in progress

Central bank data shows that by the end of February, gold reserves totaled 74.22 million ounces, an increase of 30,000 ounces from the previous month, which was 74.19 million ounces. This marks the 16th consecutive month of gold accumulation.

State Administration of Foreign Exchange publishes foreign exchange reserve data as of the end of February 2026

According to statistics from the State Administration of Foreign Exchange, as of the end of February 2026, China’s foreign exchange reserves amounted to $3,427.8 billion, an increase of $28.7 billion from the end of January, a 0.85% rise.

In February 2026, influenced by macroeconomic data, monetary policies, and expectations of major economies, the US dollar index rose, and prices of major global financial assets fluctuated. Factors such as exchange rate conversion and asset price changes collectively contributed to the increase in foreign exchange reserves that month. China’s economy remains stable and progressing, with long-term positive fundamentals and trends unchanged, supporting the stability of foreign exchange reserves.

(Source: Caixin)

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