Core Viewpoint - The Chinese foreign exchange market has shown strong resilience and vitality in the first half of the year, performing better than market expectations [1][2] Group 1: Market Performance - In the first half of 2025, the bank's settlement of foreign exchange reached 14,900 billion RMB, while the sale of foreign exchange was 13,083 billion RMB [1] - The total cross-border income and expenditure of non-bank sectors, including enterprises and individuals, reached 7.6 trillion USD, marking a year-on-year increase of 10.4%, the highest for the same period in history [1] - The total trading volume in the domestic RMB foreign exchange market reached 21 trillion USD, with a year-on-year growth of 10.2% [1] - The net inflow of cross-border funds for non-bank sectors was 127.3 billion USD, continuing the net inflow trend since the second half of last year, with a quarter-on-quarter increase of 46% [1] Group 2: Regulatory Actions - The foreign exchange management department has actively worked to prevent and mitigate external shock risks, maintaining a stable and healthy foreign exchange market [2] - Over 400 cases of foreign exchange violations were investigated in the first half of the year, with more than 180 cases related to underground money laundering being punished in cooperation with public security authorities [2] - Overall, policies aimed at stabilizing the market and expectations have achieved positive results [2]
上半年我国外汇市场运行平稳 展现韧性与活力
Yang Guang Wang·2025-07-23 02:29