北京商报讯（记者 刘四红）11月17日，国家外汇管理局公布了2025年10月银行结售汇和银行代客涉外 收付款数据。国家外汇管理局副局长、新闻发言人李斌就2025年10月外汇市场形势回答了记者提问。 李斌表示，10月以来，国际金融市场波动性有所上升，美元指数总体上行。我国外汇市场继续保持稳健 运行态势。一是外汇市场供求基本平衡。10月，银行结售汇顺差177亿美元，环比有所收窄，结售汇更 加平衡。企业等主体根据实际需求有序开展结汇和购汇交易，结汇率和售汇率与前9个月月均水平基本 相当。二是跨境资金流动保持稳定。受国庆中秋假期因素等影响，9月企业、个人等非银行部门跨境资 金小幅净流出，10月跨境资金净流入增多，综合两个月情况看跨境收支月均顺差为240亿美元。其中， 货物贸易资金净流入保持高位；居民出境旅行、外资企业分红派息等跨境支出季节性回落，服务贸易、 投资收益资金净流出环比收窄。总的来看，我国外汇市场预期平稳，供求基本平衡，保持较强韧性和活 力。 ...

国家外汇管理局副局长、新闻发言人李斌表示，10月以来，国际金融市场波动性有所上升，但我国外汇市场仍继续保持稳健运行态势，市场供求保持基本平 衡，跨境资金流动保持稳定。 李斌介绍，受国庆中秋假期等因素影响，9月企业、个人等非银行部门跨境资金小幅净流出，10月跨境资金净流入增多，综合两个月情况看跨境收支月均顺 差为240亿美元。其中，货物贸易资金净流入保持高位；居民出境旅行、外资企业分红派息等跨境支出季节性回落，服务贸易、投资收益资金净流出环比收 窄。（记者刘开雄） 国家外汇管理局11月17日发布数据显示，10月，银行结售汇顺差177亿美元，企业等主体的结汇率和售汇率与前9个月月均水平基本相当。 ...

答：10月以来，国际金融市场波动性有所上升，美元指数总体上行。我国外汇市场继续保持稳健运行态 势。一是外汇市场供求基本平衡。10月，银行结售汇顺差177亿美元，环比有所收窄，结售汇更加平 衡。企业等主体根据实际需求有序开展结汇和购汇交易，结汇率和售汇率与前9个月月均水平基本相 当。二是跨境资金流动保持稳定。受国庆中秋假期因素等影响，9月企业、个人等非银行部门跨境资金 小幅净流出，10月跨境资金净流入增多，综合两个月情况看跨境收支月均顺差为240亿美元。其中，货 物贸易资金净流入保持高位；居民出境旅行、外资企业分红派息等跨境支出季节性回落，服务贸易、投 资收益资金净流出环比收窄。总的来看，我国外汇市场预期平稳，供求基本平衡，保持较强韧性和活 力。 人民财讯11月17日电，日前，国家外汇管理局公布了2025年10月银行结售汇和银行代客涉外收付款数 据。国家外汇管理局副局长、新闻发言人李斌就2025年10月外汇市场形势回答了记者提问。 （原标题：国家外汇管理局：2025年10月，我国外汇市场继续保持稳健运行态势） 问：10月以来我国外汇市场运行状况如何？有什么特点和变化？ ...

智通财经APP获悉，11月17日，国家外汇管理局副局长、新闻发言人李斌就2025年10月外汇市场形势答 记者问。李斌提到，一是外汇市场供求基本平衡。10月，银行结售汇顺差177亿美元，环比有所收窄， 结售汇更加平衡。企业等主体根据实际需求有序开展结汇和购汇交易，结汇率和售汇率与前9个月月均 水平基本相当。二是跨境资金流动保持稳定。总的来看，我国外汇市场预期平稳，供求基本平衡，保持 较强韧性和活力。 原文如下： 答：10月以来，国际金融市场波动性有所上升，美元指数总体上行。我国外汇市场继续保持稳健运行态 势。一是外汇市场供求基本平衡。10月，银行结售汇顺差177亿美元，环比有所收窄，结售汇更加平 衡。企业等主体根据实际需求有序开展结汇和购汇交易，结汇率和售汇率与前9个月月均水平基本相 当。二是跨境资金流动保持稳定。受国庆中秋假期因素等影响，9月企业、个人等非银行部门跨境资金 小幅净流出，10月跨境资金净流入增多，综合两个月情况看跨境收支月均顺差为240亿美元。其中，货 物贸易资金净流入保持高位;居民出境旅行、外资企业分红派息等跨境支出季节性回落，服务贸易、投 资收益资金净流出环比收窄。总的来看，我国外汇市场预期 ...

Core Viewpoint - The article discusses the fluctuations in various currency pairs, highlighting the performance of the US dollar against the Japanese yen and other currencies on November 10th, with notable movements in commodity currencies like the Australian and New Zealand dollars [1] Currency Performance Summary - The US dollar rose by 0.39% against the Japanese yen, reaching 154.02 yen, with a trading range of 153.36 to 154.25 yen throughout the day [1] - The euro increased by 0.36% against the Japanese yen, while the British pound rose by 0.56% against the same currency [1] - The euro dipped by 0.04% against the US dollar, whereas the British pound appreciated by 0.15% against the US dollar [1] - The Australian dollar gained 0.71% against the US dollar, trading at 0.6538, with a notable V-shaped movement observed [1] - The New Zealand dollar increased by 0.43% against the US dollar, while the Canadian dollar fell by 0.19% against the US dollar [1] - The Swedish krona rose by 0.23% against the US dollar, and the Norwegian krona increased by 0.43%, while the Danish krone slightly decreased by 0.03% [1] - The Polish zloty appreciated by 0.17% against the US dollar, and the Hungarian forint rose by 0.11% against the US dollar [1]

Core Viewpoint - The cross-border payment and settlement scale in China has significantly increased during the "14th Five-Year Plan" period, with a projected total of $14 trillion in 2024, marking a 64% growth compared to 2020, and a 10.5% year-on-year increase in the first three quarters of this year [3][5][6]. Group 1: Cross-Border Trade - The scale of cross-border trade has expanded, with the average annual growth rate during the "14th Five-Year Plan" period being 8 percentage points higher than that of the "13th Five-Year Plan" [3]. - The total value of imports and exports in Gansu Province is expected to exceed 60 billion yuan for the first time in nearly a decade, with an average annual growth rate of 13.9% since 2021 [5]. - The average annual scale of service trade imports and exports has exceeded $860 billion, representing a 26% increase compared to the "13th Five-Year Plan" period [6]. Group 2: Financial Stability - As of June 2025, China's foreign financial assets exceeded $11 trillion, while foreign liabilities surpassed $7.2 trillion, resulting in a net foreign asset of $3.8 trillion, ranking third globally [7]. - The foreign exchange market has been enhanced with a dual management framework, which has effectively responded to external shocks and maintained a stable environment for cross-border payments [7]. Group 3: Service Trade Facilitation - The efficiency of cross-border fund settlement has significantly improved due to the implementation of facilitation policies, allowing companies to complete transactions much faster than before [8][9]. - The introduction of direct settlement for cross-border e-commerce transactions has streamlined processes, reducing the time required for fund settlement to one working day [10]. Group 4: Open Market Developments - The issuance of Panda bonds by foreign entities in China's interbank bond market has continued to grow, with cumulative issuance surpassing 1 trillion yuan [11]. - Reforms in the Qualified Foreign Institutional Investor (QFII) and Renminbi Qualified Foreign Institutional Investor (RQFII) systems have simplified approval processes and enhanced cross-border capital management [12]. - The overall scale of foreign investment in domestic securities has increased by 6% since the beginning of the "14th Five-Year Plan" [13].

Core Viewpoint - The Japanese Finance Minister, Katsuyuki Kitamura, has expressed strong concerns regarding the recent volatility of the yen, indicating that the government is closely monitoring the foreign exchange market with a sense of urgency [1] Group 1: Government's Stance on Currency - The government is observing "one-sided and rapid fluctuations" in the foreign exchange market, particularly those driven by speculators [1] - Kitamura's comments mark the strongest stance on exchange rates since her appointment, moving beyond general principles to address specific market behaviors [1] Group 2: Monetary Policy Context - In response to a question about the Bank of Japan's decision to maintain interest rates, Kitamura stated that this decision is "extremely reasonable" given the current circumstances [1]

Group 1 - The South Korean Ministry of Finance stated it will continue to closely monitor foreign exchange and financial markets following the Federal Reserve's monetary policy meeting [1]

Core Insights - In September, the non-bank sector's cross-border receipts and payments totaled $1.37 trillion, a month-on-month increase of 7% [1] - In the first three quarters of this year, China's foreign-related receipts and payments reached $11.6 trillion, marking a historical high for the same period, with a year-on-year growth of 10.5% [1] - The foreign exchange market in China has shown resilience and vitality, maintaining a stable operation despite complex external pressures [1] Cross-Border Transactions - The net inflow of cross-border funds was $119.7 billion in the first three quarters [1] - The bank's foreign exchange settlement and sales surplus was $63.2 billion, outperforming the same period in 2024 [1] - The capital account showed a net outflow, primarily influenced by domestic entities' foreign investment activities [1] Trade and Investment - China's foreign trade continues to grow steadily, with high net inflows under goods trade [1] - The cross-border capital flows related to service trade and investment income remained relatively stable [1] - The overall foreign exchange supply and demand is basically balanced, reflecting strong market expectations [1]

Group 1: Inflation Data and Federal Reserve Expectations - The overall CPI in the U.S. rose by 0.3% month-on-month in September, lower than the market expectation of 0.4%, and the year-on-year growth rate was 3%, also below the expected 3.1% [1] - Core CPI, excluding food and energy, increased by 0.2% month-on-month and 3% year-on-year, both lower than market expectations, indicating reduced inflationary pressure [1] - The market perceives that the Federal Reserve has likely concluded its rate hike cycle, with nearly 100% probability of a 25 basis point rate cut in October and December [1][2] Group 2: Market Reactions and Investment Opportunities - Following the CPI data release, U.S. Treasury yields fell across the board, with the 10-year yield dropping to 3.966%, marking a recent low, and the yield curve indicating increased expectations for Fed rate cuts [2] - The upcoming Federal Reserve meeting in October is a focal point for the market, with a high probability of confirming a dovish stance, which may put further pressure on the dollar and lead to increased inflows into gold and commodities [2] - The uncertainty surrounding the U.S. government shutdown and economic data visibility continues to affect market volatility and investor sentiment [2][3] Group 3: Commodity and Currency Market Insights - The rise in rate cut expectations supports gold prices, suggesting potential low-positioning opportunities while monitoring short-term volatility from Fed officials' comments [2] - The dollar faces short-term downward pressure, with trading opportunities in the euro against the dollar and dollar against yen, recommending cautious trading strategies [2] - The decline in U.S. Treasury yields provides some support for the stock market, but overall risk appetite remains constrained by policy uncertainties [2][3] Group 4: Oil Market Outlook - Oil prices are expected to remain weak in the short term due to rising inventories and demand concerns, with OPEC+ decisions and geopolitical situations being key variables to watch [3]