Core Insights - The foreign exchange market in China has maintained stable operations despite increased volatility in the international currency market since July 2023 [1] Market Performance - In July, the scale of bank foreign exchange settlement and sales increased by 12% and 16% respectively, continuing a surplus trend with a total of 22.8 billion USD [1] - The exchange rate for enterprises and individuals showed a slight increase in settlement rates while sales rates remained stable, indicating stable market expectations and active trading [1] Cross-Border Capital Flows - Overall, cross-border capital flows remained stable, with non-bank sectors' cross-border income and expenditure at historical highs, achieving a near balance [1] - Net inflow from goods trade increased by 33% month-on-month, maintaining a high level, while net outflows from service trade and investment income rose by 34% and 7% respectively, attributed to seasonal factors such as summer travel and corporate dividend payouts [1] Economic Context - The steady progress of high-quality economic development in China, along with the increasing resilience of the foreign exchange market, is expected to provide strong support for the stable operation of the foreign exchange market [1]
外汇局:7月企业、个人等非银行部门跨境收入和支出规模处于历史高位
Sou Hu Cai Jing·2025-08-15 10:43