Core Insights - The State Administration of Foreign Exchange reported that in November 2025, banks settled 14,840 billion RMB and sold 13,732 billion RMB [1] - Cumulatively from January to November 2025, banks settled 162,781 billion RMB and sold 155,932 billion RMB [1] Currency Values - In USD terms, banks settled 2,095 billion USD and sold 1,938 billion USD in November 2025 [1] - From January to November 2025, banks cumulatively settled 22,769 billion USD and sold 21,804 billion USD [1] Foreign Exchange Income and Payments - In November 2025, banks recorded foreign income of 46,372 billion RMB and foreign payments of 45,112 billion RMB [1] - Cumulatively from January to November 2025, banks had foreign income of 511,208 billion RMB and foreign payments of 497,719 billion RMB [1] Foreign Exchange Income and Payments in USD - In USD terms, banks recorded foreign income of 6,545 billion USD and foreign payments of 6,367 billion USD in November 2025 [1] - From January to November 2025, banks had cumulative foreign income of 71,481 billion USD and payments of 69,594 billion USD [1]

Core Insights - The State Administration of Foreign Exchange reported that in October 2025, banks settled 15,194 billion RMB and sold 13,940 billion RMB [1] - Cumulatively from January to October 2025, banks settled 147,941 billion RMB and sold 142,201 billion RMB [1] - In USD terms, banks settled 2,142 billion USD and sold 1,965 billion USD in October 2025 [1] - Cumulatively from January to October 2025, banks settled 20,675 billion USD and sold 19,866 billion USD [1] Foreign Exchange Income and Payments - In October 2025, banks recorded foreign-related income of 44,207 billion RMB and foreign payments of 40,579 billion RMB [1] - Cumulatively from January to October 2025, banks had foreign-related income of 464,836 billion RMB and foreign payments of 452,607 billion RMB [1] - In USD terms, foreign-related income in October 2025 was 6,231 billion USD and foreign payments were 5,719 billion USD [1] - Cumulatively from January to October 2025, foreign-related income totaled 64,936 billion USD and foreign payments amounted to 63,227 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 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 March 2025, banks in China reported a settlement of 13,601 billion RMB and a sale of 13,742 billion RMB in foreign exchange transactions [1] - For the first quarter of 2025, the cumulative settlement by banks reached 37,965 billion RMB, while the cumulative sales amounted to 42,100 billion RMB [1] - In USD terms, banks settled 1,896 million USD and sold 1,916 million USD in March 2025 [1] - The cumulative settlement in USD for the first three months of 2025 was 5,290 million USD, with cumulative sales at 5,866 million USD [1]