China's foreign exchange reserves contract by 0.75% in June as gold reserves expand

08.07.2026

The foreign exchange reserves of the People's Republic of China, which remain the largest globally, contracted by $26 billion (or 0.75%) in June compared to the previous month, totalling $3.416 trillion, according to an announcement from the People's Bank of China.

The exchange rate of the yuan depreciated by 0.32% against...