CHINA’S foreign exchange market sustained a stable run in July, with the overall trend in line with market expectations, experts said on Tuesday when commenting on July forex data.
According to the State Administration of Foreign Exchange (SAFE), banks’ forex settlement reached US$266.3 billion, while sales stood at $248 billion in July, yielding a surplus of $18.3 billion. In the first seven months of 2026, cumulative settlement totalled $1,831.6 billion against sales of $1,542.2 billion, posting a surplus of $289.4 billion.
The balanced supply-demand picture was underpinned by steady expansion in cross-border transactions. Cross-border receipts and payments by non-bank institutions, including enterprises and individuals, totalled $1.7 trillion in July, surging 20 per cent year on year, with a net capital inflow of $59.8 billion.
The country’s forex market trading volume also climbed eight per cent from a year earlier to $4.3 trillion, remaining at a high level.
Xinhua
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