Core Insights - The State Administration of Foreign Exchange reported that in August 2025, banks settled 15,103 billion RMB and sold 14,058 billion RMB [1] - From January to August 2025, banks cumulatively settled 113,938 billion RMB and sold 113,078 billion RMB [1] - In USD terms, banks settled 2,118 billion USD and sold 1,971 billion USD in August 2025 [1] - Cumulatively from January to August 2025, banks settled 15,886 billion USD and sold 15,765 billion USD [1] Foreign Exchange Income and Payments - In August 2025, banks recorded foreign-related income of 45,515 billion RMB and foreign payments of 45,284 billion RMB [1] - Cumulatively from January to August 2025, banks had foreign-related income of 372,219 billion RMB and foreign payments of 363,400 billion RMB [1] - In USD terms, banks recorded foreign-related income of 6,383 billion USD and foreign payments of 6,350 billion USD in August 2025 [1] - Cumulatively from January to August 2025, banks had foreign-related income of 51,893 billion USD and foreign payments of 50,665 billion USD [1]

Group 1 - The core viewpoint of the article highlights the stable operation of China's foreign exchange market in August 2025, with active trading and a basic balance in supply and demand [4] - In August 2025, banks settled 15,103 billion RMB and sold 14,058 billion RMB, while the cumulative settlement from January to August reached 113,938 billion RMB and cumulative sales were 113,078 billion RMB [1][2] - The non-bank sector's cross-border receipts and payments reached 1.3 trillion USD in August, reflecting an 8% year-on-year growth, indicating steady development in cross-border trade and investment activities [4] Group 2 - In August, banks recorded a net inflow of cross-border funds amounting to 3.2 billion USD, with a surplus of 14.6 billion USD in bank settlement and sales [4] - The net inflow from goods trade remained stable, while foreign investment in domestic stocks and bonds showed a net inflow, and service trade and investment income saw a decrease from seasonal highs [4]

Core Insights - The foreign exchange market in China showed stable operation in August, with active trading and balanced supply and demand [2] Group 1: Bank Settlement Data - In August, banks settled foreign exchange transactions amounting to 15,103 billion RMB and sold 14,058 billion RMB [1] - From January to August, cumulative bank settlements reached 113,938 billion RMB, while cumulative sales were 113,078 billion RMB [1] - In USD terms, banks settled 2,118 billion USD and sold 1,971 billion USD in August [1] - Cumulatively, from January to August, bank settlements totaled 15,886 billion USD, and sales amounted to 15,765 billion USD [1] Group 2: Cross-Border Payments - In August, banks recorded foreign income of 45,515 billion RMB and foreign payments of 45,284 billion RMB [1] - Cumulatively, from January to August, foreign income reached 372,219 billion RMB, while foreign payments totaled 363,400 billion RMB [1] - In USD terms, foreign income in August was 6,383 billion USD, and foreign payments were 6,350 billion USD [1] - Cumulatively, from January to August, foreign income amounted to 51,893 billion USD, and payments were 50,665 billion USD [1] Group 3: Market Activity and Trends - Non-bank sectors, including enterprises and individuals, engaged in cross-border receipts and payments totaling 1.3 trillion USD in August, reflecting an 8% year-on-year increase [2] - Both current and capital account cross-border receipts and payments saw growth, indicating steady development in trade and investment [2] - The net inflow of cross-border funds was 32 billion USD in August, with a bank settlement surplus of 14.6 billion USD [2] - Overall, the foreign exchange market is characterized by active trading and stable market expectations [2]

Group 1 - The foreign exchange market in China is operating smoothly, with active trading observed in August 2025 [1] - In August 2025, non-bank sectors, including enterprises and individuals, conducted cross-border receipts and payments totaling $1.3 trillion, marking an 8% year-on-year increase [1] - The overall balance of supply and demand in the foreign exchange market is maintained, with a net inflow of $3.2 billion and a surplus of $14.6 billion in bank settlement and sale of foreign exchange [1] Group 2 - In August 2025, banks recorded foreign-related income of 45,515 billion RMB and foreign payments of 45,284 billion RMB [2] - Cumulative foreign-related income for the first eight months of 2025 reached 372,219 billion RMB, while cumulative foreign payments totaled 363,400 billion RMB [2] - In dollar terms, banks' foreign-related income in August 2025 was $6,383 billion, with payments amounting to $6,350 billion [2]

Core Viewpoint - The foreign exchange market in China is currently stable, with a net inflow of cross-border funds amounting to 3.2 billion USD and a surplus of 14.6 billion USD in bank settlement and sales of foreign exchange in August 2025, indicating a balanced supply and demand in the market [1] Summary by Sections Foreign Exchange Market Overview - In August, the foreign exchange market maintained overall balance, with a net inflow of cross-border funds of 3.2 billion USD and a bank settlement surplus of 14.6 billion USD, reflecting stable market expectations [1] - The bank's foreign exchange settlement reached 211.8 billion USD, while sales amounted to 197.1 billion USD, continuing the surplus trend [1] Cross-Border Fund Flows - The scale of bank customer foreign exchange receipts and payments reached 1.3 trillion USD in August, a year-on-year increase of 8%, indicating sustained high levels of activity [1] - Both current and capital account cross-border receipts and payments saw growth, with stable development in cross-border trade and investment financing [1] Specific Transactions - In August, bank customer foreign exchange income was 638.3 billion USD, while payments were 635 billion USD, resulting in a slight surplus and a balanced overall account [1] - The net inflow from goods trade remained stable, while foreign investment in domestic stocks and bonds showed a net buying trend [1]

Core Insights - The foreign exchange market in China remained stable in August 2025, with active trading and balanced supply and demand [1][2] Group 1: Market Activity - In August 2025, non-bank sectors, including enterprises and individuals, conducted cross-border receipts and payments totaling $1.3 trillion, reflecting an 8% year-on-year increase [1] - Both current account and capital account cross-border receipts and payments saw growth, indicating steady development in cross-border trade and investment [1] Group 2: Supply and Demand Balance - In August 2025, there was a net inflow of $3.2 billion in cross-border funds, with a surplus of $14.6 billion in bank foreign exchange settlement and sales [1] - The net inflow from goods trade remained stable, while foreign investment in domestic stocks and bonds showed a net buying trend [1] Group 3: Bank Transactions - In August 2025, banks settled foreign exchange receipts amounting to 15,103 billion RMB and foreign exchange sales of 14,058 billion RMB [1] - From January to August 2025, cumulative bank foreign exchange receipts reached 113,938 billion RMB, while cumulative sales were 113,078 billion RMB [1] Group 4: Customer Transactions - In August 2025, banks recorded foreign-related income of 45,515 billion RMB and foreign payments of 45,284 billion RMB [2] - For the period from January to August 2025, cumulative foreign-related income was 372,219 billion RMB, with cumulative payments at 363,400 billion RMB [2]

Core Insights - In August 2025, banks in China reported a settlement of 15,103 billion RMB and a sale of 14,058 billion RMB [1] - From January to August 2025, the cumulative settlement reached 113,938 billion RMB, while cumulative sales totaled 113,078 billion RMB [1] - In USD terms, banks settled 2,118 billion USD and sold 1,971 billion USD in August 2025 [1] - The cumulative settlement in USD from January to August 2025 was 15,886 billion USD, with cumulative sales at 15,765 billion USD [1] Foreign Exchange Income and Payments - In August 2025, banks recorded foreign income of 45,515 billion RMB and foreign payments of 45,284 billion RMB [1] - For the period from January to August 2025, the cumulative foreign income was 372,219 billion RMB, while cumulative foreign payments were 363,400 billion RMB [1] - In USD, foreign income in August 2025 was 6,383 billion USD, with foreign payments at 6,350 billion USD [1] - The cumulative foreign income in USD from January to August 2025 was 51,893 billion USD, and cumulative payments were 50,665 billion USD [1]

Core Insights - In August 2025, banks in China reported a settlement of 15,103 billion RMB and a sale of 14,058 billion RMB [1] - From January to August 2025, the cumulative settlement reached 113,938 billion RMB, while cumulative sales totaled 113,078 billion RMB [1] - In USD terms, banks settled 2,118 billion USD and sold 1,971 billion USD in August 2025 [1] - The cumulative settlement in USD from January to August 2025 was 15,886 billion USD, with cumulative sales at 15,765 billion USD [1] Foreign Exchange Income and Payments - In August 2025, banks recorded foreign-related income of 45,515 billion RMB and foreign payments of 45,284 billion RMB [1] - For the period from January to August 2025, the cumulative foreign-related income was 372,219 billion RMB, while cumulative foreign payments were 363,400 billion RMB [1] - In USD terms, foreign-related income in August 2025 was 6,383 billion USD, with foreign payments at 6,350 billion USD [1] - The cumulative foreign-related income in USD from January to August 2025 was 51,893 billion USD, and cumulative payments were 50,665 billion USD [1]

Core Insights - The State Administration of Foreign Exchange (SAFE) reported data on bank foreign exchange settlement and sales for August 2025, indicating significant foreign exchange activities in the banking sector [1] Group 1: Bank Foreign Exchange Settlement and Sales - In August 2025, banks settled foreign exchange amounting to 15,103 billion RMB and sold 14,058 billion RMB [1] - From January to August 2025, cumulative bank settlements reached 113,938 billion RMB, while cumulative sales totaled 113,078 billion RMB [1] - In USD terms, banks settled 2,118 million USD and sold 1,971 million USD in August 2025 [1] - Cumulatively, from January to August 2025, banks settled 15,886 million USD and sold 15,765 million USD [1] Group 2: Bank Customer Foreign Exchange Income and Payments - In August 2025, banks recorded foreign exchange income of 45,515 billion RMB and foreign payments of 45,284 billion RMB [1] - Cumulatively, from January to August 2025, banks had total foreign exchange income of 372,219 billion RMB and total foreign payments of 363,400 billion RMB [1] - In USD terms, foreign exchange income for August 2025 was 6,383 million USD, with payments at 6,350 million USD [1] - From January to August 2025, cumulative foreign exchange income was 51,893 million USD, while cumulative payments were 50,665 million USD [1]

Core Insights - The State Administration of Foreign Exchange (SAFE) released data on bank foreign exchange settlement and sales for August 2025, indicating significant foreign exchange activity in the banking sector [1] Group 1: Bank Foreign Exchange Settlement and Sales - In August 2025, banks settled foreign exchange amounting to 15,103 billion RMB and sold 14,058 billion RMB [1] - From January to August 2025, cumulative bank settlements reached 113,938 billion RMB, while cumulative sales totaled 113,078 billion RMB [1] - In USD terms, banks settled 2,118 million USD and sold 1,971 million USD in August 2025 [1] - Cumulatively, from January to August 2025, banks settled 15,886 million USD and sold 15,765 million USD [1] Group 2: Bank Customer Foreign Exchange Income and Payments - In August 2025, banks recorded foreign exchange income from customers of 45,515 billion RMB and foreign payments of 45,284 billion RMB [1] - Cumulatively, from January to August 2025, banks had total foreign exchange income of 372,219 billion RMB and total foreign payments of 363,400 billion RMB [1] - In USD terms, customer foreign exchange income in August 2025 was 6,383 million USD, while foreign payments were 6,350 million USD [1] - From January to August 2025, cumulative foreign exchange income reached 51,893 million USD and cumulative payments totaled 50,665 million USD [1]