China's foreign exchange reserves increase in June-Xinhua

China's foreign exchange reserves increase in June

Source: Xinhua

Editor: huaxia

2025-07-07 19:43:15

This file photo shows the People's Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)

BEIJING, July 7 (Xinhua) -- China's foreign exchange reserves totaled 3.3174 trillion U.S. dollars at the end of June 2025, up by 32.2 billion U.S. dollars, or 0.98 percent, compared to the end of May, official data showed Monday.

In June, the U.S. dollar index declined while global financial asset prices generally increased due to factors such as macroeconomic policies in major economies and prospects for global economic growth, the State Administration of Foreign Exchange said.

Driven by exchange rate conversions and changes in asset prices, China's foreign exchange reserves increased during the month, the administration said.

China's economy has continued to grow steadily, maintaining a strong development momentum that supports the overall stability of the country's foreign exchange reserves, said the administration. 

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