China’s foreign-exchange reserves rose $19.55 billion to $3.438 trillion in August 2026 from $3.419 trillion in July, exceeding the $3.425 trillion median forecast in a Reuters poll and the same forecast cited in a Wall Street Journal economist survey. The yuan gained 0.49% against the U.S. dollar while the dollar weakened 0.4% against a basket of major currencies, and a surging trade surplus added to concerns about upward pressure on the yuan. The People’s Bank of China extended its gold-buying streak to 22 consecutive months, lifting holdings to 76.73 million fine troy ounces from 76.08 million at the end of July. The reported value of China’s gold reserves rose to $350.08 billion from $306.35 billion, reflecting additional purchases and higher gold prices.