China’s Foreign Exchange Reserves Rise to USD 3.23 Trillion

Beijing: China’s total foreign exchange reserves increased to approximately USD 3.23 trillion at the end of February 2025, marking a rise of USD 18.2 billion, or 0.57 percent, compared to the end of January.

According to Oman News Agency, the State Administration of Foreign Exchange (SAFE) noted that the US Dollar index experienced a decline last month. Meanwhile, global financial asset prices showed varied trends, influenced by macroeconomic policies, data from major economies, monetary policies, and the expectations of major central banks.

The Administration explained that the rise in foreign exchange reserves was influenced by factors such as currency conversion and changes in asset prices.