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China's foreign exchange reserves is $2.13 trillion

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China's foreign exchange reserves is $2.13 trillion

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Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign currency deposits held by central banks and monetary authorities. However, the term foreign exchange reserves in popular usage (such as this list) commonly includes foreign exchange and gold, SDRs and IMF reserve position as this total figure is more readily available, however it is accurately deemed as official reserves or international reserves.

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I. H. Kilato has written:

'Foreign exchange management' -- subject(s): Foreign exchange administration, Foreign exchange reserves

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the central bank maintains foreign exchange reserves in order to promote international trade and stabilise exchange rates

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$ 302.6 billion as of March 2011

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