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Economic Buzz: China forex and gold reserves extend multi-month rally
09-Feb-26   12:05 Hrs IST

China's foreign exchange reserves climbed for the seventh straight month in January 2026, rising by USD 41.2 billion to USD 3.399 trillion'their highest level since November 2015'buoyed by a persistently softer U.S. dollar. The People's Bank of China continued its steady accumulation of gold, marking the fifteenth consecutive month of growth. Holdings edged up to 74.19 million fine troy ounces, valued at USD 369.58 billion, up from USD 319.45 billion in December 2025. Throughout 2025, China's reserves expanded in 11 of 12 months, adding USD 155.5 billion over the year, reflecting Beijing's ongoing strategy to diversify assets and strengthen its external position amid global market fluctuations.

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