Core Insights - The foreign exchange market in China has maintained stable operations despite increased volatility in the international currency market, with a notable rebound and subsequent decline in the US dollar index [1][2] Group 1: Bank Settlement and Foreign Exchange Data - In July 2025, banks in China settled a total of 233.6 billion USD and sold 210.8 billion USD, with cumulative settlements from January to July reaching 1,376.8 billion USD and sales at 1,379.3 billion USD [1] - The bank's foreign exchange income for clients in July was 690.4 billion USD, while payments amounted to 698.1 billion USD, leading to cumulative foreign exchange income of 4,551 billion USD and payments of 4,431.5 billion USD from January to July [1] Group 2: Market Trends and Expectations - In July, the bank's settlement and sales volumes increased by 12% and 16% respectively compared to the previous month, continuing a surplus trend with a scale of 22.8 billion USD [1] - The exchange rate for enterprises and individuals showed a slight increase in settlement rates while the sales rates remained stable, indicating stable market expectations and active trading [1] Group 3: Cross-Border Capital Flows - Cross-border capital flows remained generally stable, with non-bank sectors' income and expenditure at historical highs, achieving a near balance [2] - Net inflows from goods trade increased by 33% month-on-month, 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 [2] Group 4: Economic Support Factors - 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 [2]
7月份我国外汇市场保持平稳运行 跨境资金流动总体稳定
Zheng Quan Ri Bao Wang·2025-08-15 14:27