Live Updates > Live Update Details
2026-02-15 10:24:34
[my country's Banks Maintained Foreign Exchange Settlement Surplus in January] Statistics released recently by the State Administration of Foreign Exchange (SAFE) show that in January 2026, banks settled 2.0048 trillion yuan in foreign exchange and sold 1.4457 trillion yuan; banks' foreign exchange receipts on behalf of clients totaled 5.4722 trillion yuan, while payments totaled 4.8974 trillion yuan. Li Bin, Deputy Director and Spokesperson of SAFE, explained that in January, both the bank's foreign exchange settlement surplus and net cross-border capital inflows from non-bank sectors such as enterprises and individuals declined compared to the previous month. This was mainly due to seasonal factors; while corporate receipts and settlements increased rapidly, the growth slowed recently as demand gradually increased. "Overall, my country's foreign exchange market is active, expectations are stable, and cross-border capital flows are becoming more stable," said Li Bin. (Xinhua News Agency)
