CCTV News: Statistics from the State Administration of Foreign Exchange show that in September 2025, banks settled RMB 1,880.9 billion in foreign exchange and sold RMB 1,518.3 billion in foreign exchange. From January to September 2025, the cumulative foreign exchange settlement by banks was 13,274.7 billion yuan, and the cumulative foreign exchange sales were 12,826.1 billion yuan.

Denominated in US dollars, in September 2025, banks settled US$264.7 billion in foreign exchange and sold US$213.6 billion in foreign exchange. From January to September 2025, the cumulative foreign exchange settlement by banks was US$1,853.3 billion, and the cumulative foreign exchange sales were US$1,790.1 billion.

In September 2025, banks’ foreign-related income on behalf of customers was 4,840.9 billion yuan, and external payments were 4,862.9 billion yuan. From January to September 2025, the cumulative foreign-related income of banks on behalf of customers was 42,062.8 billion yuan, and the cumulative external payments were 41,202.9 billion yuan.

In US dollars, in September 2025, banks’ foreign-related income on behalf of customers was US$681.2 billion, and external payments were US$684.3 billion. From January to September 2025, the cumulative foreign-related income of banks on behalf of customers was US$5,870.5 billion, and the cumulative external payments were US$5,750.8 billion.

Li Bin, Deputy Director and Spokesperson of the State Administration of Foreign Exchange, answered reporters’ questions on the foreign exchange market situation in September 2025

A few days ago, 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 September 2025. Li Bin, deputy director and spokesperson of the State Administration of Foreign Exchange, answered reporters’ questions on the foreign exchange market situation in September 2025.

Q: Can you introduce the operation of my country's foreign exchange market in September?

Answer: my country’s foreign exchange market operated smoothly in September, mainly showing two characteristics.

First, cross-border capital flows remain active and balanced. In September, the total cross-border income and expenditure of non-banking sectors such as enterprises and individuals was US$1.37 trillion, a month-on-month increase of 7%. Cross-border receipts and payments under the current account and capital account both maintained a growth trend, indicating the steady development of my country's foreign-related economy. Due to the seasonal impact of the National Day holiday on cross-border receipts and payments, cross-border funds experienced a small net outflow of US$3.1 billion in September, which has turned into a net inflow since October. In terms of items, my country's foreign trade has grown steadily, with net capital inflows under trade in goods remaining high in September; cross-border capital flows under trade in services, investment income and other items have been relatively stable.

Second, supply and demand in the foreign exchange market are relatively balanced. In September, banks' foreign exchange settlement and sales on behalf of customers increased significantly month-on-month, and enterprises and other entities flexibly carried out foreign exchange transactions according to their own needs. The surplus in foreign exchange settlement and sales in September was US$51 billion, with more net foreign exchange settlements in the first and middle periods of the year, and the balance in foreign exchange settlement and sales in the second half of the year tended to be balanced. Since October, banks' foreign exchange settlement and sales on behalf of customers have been roughly the same, and the supply and demand in the foreign exchange market have been basically balanced.

In the first three quarters of this year, the total size of my country’s foreign-related receipts and payments was US$11.6 trillion, a record high for the same period in history. The net inflow of cross-border funds was US$119.7 billion, and the bank's foreign exchange settlement and sales surplus was US$63.2 billion, both higher than the same period last year. Generally speaking, in the face of the complex and changeable external environment, my country's foreign exchange market has been operating steadily this year, market expectations are stable, supply and demand are basically balanced, and the foreign exchange market has maintained strong resilience and vitality.