First of all. Foreign exchange reserves, also known as foreign exchange reserves, refer to foreign exchange assets held by central banks and other government agencies in various countries and can be converted into foreign currencies at any time to meet the needs of international payments. By the end of June 2023, the scale of China's foreign exchange reserves was $365,438+0,7 1 0.8 billion, an increase of $70.6 billion compared with the end of June1,with an increase of.