CCTV News: Recently, the State Administration of Foreign Exchange released data on bank foreign exchange settlement and sales and bank foreign-related receipts and payments on behalf of customers in August 2026.Li Bin, deputy director and spokesperson of the State Administration of Foreign Exchange, answered reporters’ questions on the foreign exchange market situation in August 2026.
Q: What is the situation of my country’s foreign exchange market in August?
Answer: Since August, the international financial market has continued to fluctuate, and some economies’ bond markets and foreign exchange markets have become more volatile. my country’s foreign exchange market has been operating steadily.See for details:
First, the scale of cross-border receipts and payments continues to grow, and cross-border funds maintain a net inflow.In August, the cross-border receipts and payments of non-banking sectors such as enterprises and individuals totaled US$1.5 trillion, continuing the rapid growth trend this year.The net inflow of cross-border funds was US$62.4 billion, a slight increase of 4% month-on-month.From the main channels: First, the net inflow of funds under trade in goods is relatively high.Second, the increase in studying abroad and traveling during the summer has pushed the service trade deficit to increase by 6% month-on-month.Third, dividends and dividends paid by foreign-funded enterprises narrowed by 23% month-on-month, falling from seasonal highs.Fourth, cross-border two-way direct investment is basically stable.
Second, the trading volume in the foreign exchange market has increased steadily, and market expectations are generally stable.In August, the domestic foreign exchange market transaction volume was US$3.9 trillion, maintaining a relatively high scale.Banks' foreign exchange settlement and sales surplus was US$48.5 billion, mainly due to the net inflow of foreign exchange funds. The settlement rate of corporate foreign exchange income that month was 61.5%, 2.7 percentage points lower than the average level in the first seven months of this year. Enterprises' willingness to settle and hold foreign exchange is relatively stable, and market expectations are generally stable.
贵公网安备52011302005168号