Foreign Exchange Reserves (MoM)

The Foreign Exchange Reserves report, released by the State Administration of Foreign Exchange, presents the total amount of foreign currency held by a government. It measures foreign currency assets national monetary authorities hold and can be readily convertible. Narrowly speaking, foreign exchange reserves are an important part of a country’s economic strength, the accumulated foreign currency can be used by a country to balance international trade, keep exchange rate stable and repay external debt. Broadly speaking, the foreign exchange reserves refers to foreign currency denominated assets, including cash, foreign bank deposits, foreign securities, etc. A high reading is seen as positive (or bullish) for the CNY, while a low reading is seen as negative (or Bearish) for the CNY.

Most recent - Tuesday 7 May 2024 09:30

Previous
$3.246T
Revised
-
Forecast
$3.23T
Actual
$3.201T

Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.

Next event - Friday 7 June 2024 08:00

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Foreign Exchange Reserves (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Foreign Exchange Reserves (MoM) was $3.201T against a forecast of $3.23T.

Past events

Date
Forecast
Actual
Tuesday 7 May 2024 09:30
$3.23T
$3.201T
Sunday 7 April 2024 08:00
$3.21T
$3.246T
Thursday 7 March 2024 08:00
$3.205T
$3.226T
Wednesday 7 February 2024 08:00
$3.217T
$3.219T
Sunday 7 January 2024 08:00
$3.2T
$3.238T
Thursday 7 December 2023 08:00
$3.124T
$3.172T
Tuesday 7 November 2023 08:00
$3.1T
$3.101T
Saturday 7 October 2023 08:00
$3.13T
$3.115T
Thursday 7 September 2023 08:00
$3.19T
$3.16T
Monday 7 August 2023 08:00
$3.2T
$3.204T
Friday 7 July 2023 08:05
$3.178T
$3.193T
Wednesday 7 June 2023 08:00
$3.181T
$3.177T
Sunday 7 May 2023 08:00
$3.192T
$3.205T
Friday 7 April 2023 08:00
$3.149T
$3.184T
Tuesday 7 March 2023 08:00
$3.16T
$3.133T
Tuesday 7 February 2023 08:00
$3.152T
$3.184T
Saturday 7 January 2023 08:00
-
$3.128T
Wednesday 7 December 2022 08:00
$3.1T
$3.117T
Monday 7 November 2022 08:00
$3.018T
$3.052T
Friday 7 October 2022 08:00
$3.007T
$3.029T
Wednesday 7 September 2022 10:00
$3.079T
$3.055T
Sunday 7 August 2022 08:00
$3.05T
$3.104T
Thursday 7 July 2022 08:00
$3.113T
$3.071T
Tuesday 7 June 2022 08:00
$3.12T
$3.128T
Saturday 7 May 2022 08:00
$3.133T
$3.12T
Thursday 7 April 2022 08:00
$3.2T
$3.188T
Monday 7 March 2022 08:00
$3.225T
$3.214T
Monday 7 February 2022 08:00
$3.26T
$3.222T
Friday 7 January 2022 08:00
$3.233T
$3.25T
Tuesday 7 December 2021 08:04
$3.208T
$3.222T
Sunday 7 November 2021 08:00
$3.185T
$3.218T
Thursday 7 October 2021 07:30
$3.225T
$3.201T
Tuesday 7 September 2021 08:00
$3.227T
$3.232T
Saturday 7 August 2021 08:00
$3.217T
$3.236T
Wednesday 7 July 2021 08:00
$3.202T
$3.214T
Monday 7 June 2021 08:00
$3.208T
$3.22T

Economic context

Recent economic data has been strongly bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Foreign Exchange Reserves (MoM) result:

PreviousLatest
Industrial Production (YoY)Bullish change4.5%6.7%
Retail Sales (YoY)Bearish change3.1%2.3%
Consumer Price Index (MoM)Bullish change-1%0.1%
Consumer Price Index (YoY)Bullish change0.1%0.3%
Producer Price Index (YoY)Bullish change-2.8%-2.5%
Exports (YoY)Bullish change-7.5%1.5%
Exports (YoY) CNYBullish change-3.8%5.1%
Imports (YoY)Bullish change-1.9%8.4%
Imports (YoY) CNYBullish change2%12.2%
Trade Balance CNYBullish change415.86B513.45B
Trade Balance USDBullish change$58.55B$72.35B
Caixin Services PMIBearish change52.752.5

About Foreign Exchange Reserves (MoM)

Country:China
Currency:CNY
Source:State Administration of Foreign Exchange of China
Category:Capital Flows
Frequency:Monthly

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