CCTV News: According to the official account of the State Administration of Foreign Exchange, the State Administration of Foreign Exchange recently released the data on bank foreign exchange settlement and sales and bank foreign-related receipts and payments on behalf of customers in July 2025. Li Bin, deputy director and spokesperson of the State Administration of Foreign Exchange, answered reporters' questions about the foreign exchange market situation in July 2025.
Q: What is the situation in my country's foreign exchange market in July 2025?
A: Since July, the international foreign exchange market has increased volatility, the US dollar index rebounded and fell back, and non-US currencies have fluctuated accordingly. my country's foreign exchange market maintains stable operation: First, market expectations and trading are stable and orderly. In July, the scale of bank foreign exchange settlement and foreign exchange sales increased by 12% and 16% month-on-month respectively, and foreign exchange settlement and sales continued to have a surplus trend, with a scale of US$22.8 billion. The exchange rate of enterprises, individuals and other entities rose slightly month-on-month, and the exchange rate of exchange rates remained basically the same, indicating that market expectations are stable and transactions are relatively active. Second, cross-border capital flows are generally stable. In July, the cross-border income and expenditure scale of non-bank sectors such as enterprises and individuals was at a historical high, and the revenue and expenditure were basically balanced. Among them, the net inflow of funds for trade in goods increased by 33% month-on-month, maintaining a high level; the net outflow of funds for trade in services and investment income increased by 34% and 7% month-on-month, mainly because residents' summer outbound travel and corporate dividends and dividends were at seasonal highs. The high-quality development of my country's economy is steadily advancing, and the resilience of the foreign exchange market continues to increase, which will provide strong support for the foreign exchange market to maintain a stable operation.
