China's foreign exchange reserves rose 0.5% MoM in September, with the central bank's gold reserves increasing for the 11th consecutive month.

According to central bank data, China's gold reserves stood at 74.06 million ounces (approximately 2,303.523 mt) at the end of September, an increase of 40,000 ounces (about 1.24 mt) MoM, marking the 11th consecutive month of gold accumulation.Gold reserves were 74.02 million ounces at the end of August.

Statistics from the State Administration of Foreign Exchange show that as of the end of September 2025, China's foreign exchange reserves totaled $3,338.7 billion, up $16.5 billion, or 0.5%, from the end of August.In September 2025, influenced by macroeconomic data, monetary policies, and expectations of major economies, the US dollar index experienced minor fluctuations, while global financial asset prices generally rose. Combined effects from exchange rate translation and changes in asset prices contributed to the increase in foreign exchange reserves that month. China's economy maintained overall stability with steady progress, achieving new results in high-quality development, which supports keeping foreign exchange reserves basically stable.