据国家外汇管理局消息，我国外汇市场交易保持活跃。8月，企业、个人等非银行部门跨境收支1.3万亿美元，同比增长8%。其中，经常项目 和资本项目跨境收支均有所增长，跨境贸易和投融资稳步发展。 ...

Core Insights - In July 2025, China's foreign exchange market (excluding foreign currency pairs) recorded a total transaction volume of 28.28 trillion RMB (approximately 3.96 trillion USD) [1] - The bank-to-client market accounted for 4.06 trillion RMB (about 0.57 trillion USD), while the interbank market had a transaction volume of 24.22 trillion RMB (around 3.39 trillion USD) [1] - The spot market saw a cumulative transaction of 9.47 trillion RMB (approximately 1.33 trillion USD), and the derivatives market had a total transaction of 18.81 trillion RMB (about 2.63 trillion USD) [1] - From January to July 2025, the cumulative transaction volume in China's foreign exchange market reached 179.15 trillion RMB (equivalent to 24.96 trillion USD) [1]

Core Viewpoint - The current market does not have a clear expectation for the appreciation or depreciation of the Renminbi, with rational and orderly trading observed in the foreign exchange market [1] Summary by Relevant Categories Market Expectations - The foreign exchange market indicators, including forward and options markets, show no significant expectation for the Renminbi to appreciate or depreciate [1] Market Behavior - Overall, there are no irrational trading behaviors such as panic buying or selling, indicating a stable trading environment [1]