China’s Foreign Exchange Reserves Rebound in October; Renminbi Remains Stable and Robust

The State Administration of Foreign Exchange of China released the country’s foreign exchange reserves data for October on November 7, 2026.This month’s foreign exchange reserves totaled USD 3,405.178 billion, marking a month-on-month increase and exceeding market expectations. The market previously forecasted USD 3,420 billion, while September’s reserves stood at USD 3,400.25 billion.Foreign exchange reserves refer to international reserve assets held by the national government denominated in foreign currencies. These are critical assets held by the central bank to maintain currency stability and ensure import payments. When the published figure exceeds forecasts, it is generally positive for the Renminbi.The importance of this release is rated as moderately high. The foreign exchange reserves statistics include components such as foreign currencies, foreign currency bonds, gold reserves, and Special Drawing Rights (SDR). This data is released monthly on a regular schedule, with the next publication expected on December 7, 2026.