# China’s FX reserves rise $4.9bn, but its total reserve assets fall $11.9bn as gold value retreats

> China's foreign-currency reserves increased by about $4.9 billion in October to roughly $3.405 trillion, while total reserve assets fell by approximately $11.9 billion. The decline reflected a drop in gold's reported dollar value, even as the quantity of gold held increased; the yuan also weakened against the dollar during the reported week.

- Date: 2026-11-07 · published 2026-11-08T03:09:17.556Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/86920-china-s-fx-reserves-rise-4-9bn-but-its-total-reserve-assets-fall-11-9bn-as-gold
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The weaker yuan can raise the cost of imported feed ingredients in China, potentially weighing on import demand or supporting local prices. The reserve figures themselves do not indicate a direct change in commodity supply or demand.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-02-03 | [China's yuan weakens but falling yen points to risk recovery](https://feedsoft.ai/events/5135-china-s-yuan-weakens-but-falling-yen-points-to-risk-recovery.md) | +1.2% | +0.6% |
| USDCNY | 2017-02-07 | [USD/CNY to rise as China’s capital outflows intensifies: Strategist](https://feedsoft.ai/events/72721-usd-cny-to-rise-as-china-s-capital-outflows-intensifies-strategist.md) | +0.3% | +0.6% |
| USDCNY | 2016-10-13 | [China: Behind CNY’s surprise fall - RBS — Octa](https://feedsoft.ai/events/5889-china-behind-cny-s-surprise-fall-rbs-octa.md) | +0.3% | +0.9% |
| USDCNY | 2025-01-17 | [Markets are betting China will let yuan fall as Trump takes power, but not much \| Reuters](https://feedsoft.ai/events/26716-markets-are-betting-china-will-let-yuan-fall-as-trump-takes-power-but-not-much.md) | -1.2% | -1.1% |
| USDCNY | 2022-10-25 | [FX Daily: People’s Bank of China loosens its hold on the renminbi \| articles \| ING THINK](https://feedsoft.ai/events/39356-fx-daily-people-s-bank-of-china-loosens-its-hold-on-the-renminbi-articles-ing.md) | +0.6% | -1.7% |

## Sources

- fxnews.ai: https://fxnews.ai/news/china-fx-reserves-rise-total-assets-fall-gold-yuan-nov-2026/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.