2025年外汇市场交易量达42.6万亿美元

Core Insights - The foreign exchange market in China reached a record trading volume of 42.6 trillion USD in 2025, up from 34.5 trillion USD in 2022, indicating strong resilience and vitality in the market [1][1][1] - The corporate foreign exchange hedging ratio increased to 30%, marking a historical high, which reflects improved risk management among enterprises [1][1][1] - By the end of September 2025, China's external assets and liabilities reached 11.5 trillion USD and 7.5 trillion USD respectively, with net external assets surpassing 4 trillion USD for the first time [1][1][1] Market Dynamics - The balance of supply and demand in the foreign exchange market has remained stable over the past year, contributing to overall market stability and resilience [1][1][1] - The share of RMB in global foreign exchange transactions rose to 8.6%, an increase of 1.6 percentage points from 2022, making it the fastest-growing currency in terms of global trading share [1][1][1] Regulatory Outlook - The authorities plan to enhance monitoring of cross-border capital flows, improve macro-prudential management, and maintain the stability of the foreign exchange market, ensuring that the RMB exchange rate remains stable at a reasonable and balanced level [1][1][1]