Zhongxin Finance, April 7. The State Administration of Foreign Exchange released the latest foreign exchange reserves data on the 7th. As of the end of March 2022, my country's foreign exchange reserves were 3,188 billion U.S. dollars, a decrease of 25.8 billion U.S. dollars or 0.8% from the end of February.

  Wang Chunying, deputy director of the State Administration of Foreign Exchange and spokesperson, said that in March 2022, my country's cross-border capital inflows generally rebounded, and the supply and demand in the foreign exchange market continued to be basically balanced.

Figure from the website of the State Administration of Foreign Exchange

  When answering a reporter's question, Wang Chunying said that in the international financial market, affected by the monetary policies of major countries, the geopolitical situation, the new crown pneumonia epidemic and other factors, the US dollar index rose, and the bond prices of major countries fell overall.

Foreign exchange reserves are denominated in US dollars, and the amount of non-US dollar currencies converted into US dollars decreases. Combined with factors such as changes in asset prices, the scale of foreign exchange reserves decreased in the month.

  According to reports, the current global epidemic is still in the pandemic stage, the external environment has become more complex and severe, and the volatility of the international financial market has increased.

However, my country adheres to the general principle of seeking progress while maintaining stability, and coordinates epidemic prevention and control with economic and social development. The fundamentals of strong economic resilience and long-term improvement will not change, and the scale of foreign exchange reserves will remain generally stable.

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