State Administration of Foreign Exchange: In February, China's foreign exchange market continued to operate steadily, with a bank surplus of 28 billion US dollars in foreign exchange settlement and sa

Recently, the State Administration of Foreign Exchange released data on bank foreign exchange settlement and sales, as well as bank foreign exchange receipts and payments on behalf of clients for February 2021. Wang Chunying, Deputy Director and spokesperson of the State Administration of Foreign Exchange, answered questions from reporters regarding the foreign exchange revenue and expenditure situation in February 2021.

Q: What was the foreign exchange situation in China in February 2021?

Answer: In February, China's foreign exchange market continued to operate steadily.

From the performance of the main indicators, the bank had a surplus of 28 billion US dollars in foreign exchange settlement and sales, and the non bank sector had a surplus of 33.2 billion US dollars in foreign-related income and expenditure. Among them, as the seasonal factors of centralized foreign exchange collection and settlement under trade weaken and fade, the surplus of foreign exchange settlement and sale in goods trade and the surplus of cross-border revenue and expenditure in goods trade decrease, and the foreign exchange market revenue and expenditure transactions tend to stabilize.

The State Administration of Foreign Exchange: In February, China's foreign exchange market continued to operate steadily, with a bank surplus of 28 billion US dollars in foreign exchange settlement and sales