FX.co ★ China's FX Reserves Drop to $3.201 Trillion in April

China's foreign exchange reserves dipped to $3.201 trillion in April from $3.246 trillion the previous month, as reported by data updated on May 7, 2024. The decrease in reserves could be attributed to various factors, including changes in trade dynamics, monetary policies, and global economic conditions. Despite the slight decline, China still maintains one of the world's largest foreign exchange reserves. Analysts will be closely monitoring the country's economic policies and external trade relationships to gauge the impact on its foreign exchange reserves in the coming months.