The client of Chinanews.com July 17th: Wang Chunying, deputy director of the State Administration of Foreign Exchange and spokesperson, said at a press conference on the 17th that in the first half of 2020, banks had a surplus of USD 78.6 billion in foreign exchange settlement and sales. Among them, the first and second quarters were surpluses of 39.1 billion and 39.5 billion US dollars, respectively. In terms of monthly changes, the average monthly surplus from January to May was US$15.5 billion. In June, the surplus narrowed to US$900 million due to the relatively concentrated distribution of seasonal dividends. Comprehensively considering other supply and demand factors such as the net purchase of foreign exchange by foreign institutions in the inter-bank foreign exchange market and the increase in bank foreign exchange positions, the supply and demand of my country's foreign exchange market remained basically balanced in the first half of the year.