State Administration of Foreign Exchange: Banks had a surplus of RMB 106.2 billion in foreign exchange settlement and sales in October

　　Chinanews.com, November 19th. According to the website of the State Administration of Foreign Exchange, the State Administration of Foreign Exchange announced data on bank foreign exchange settlement and sales and foreign-related receipts and payments on behalf of customers in October 2021. Statistics from the State Administration of Foreign Exchange show that in October 2021, Banks settled 1,195.1 billion yuan, sold 1,088.9 billion yuan, and had a surplus of 106.2 billion yuan.

From January to October 2021, banks have settled a total of 13,322.7 billion yuan in foreign exchange, sold a total of 1,19629 billion yuan in foreign exchange, and have a cumulative foreign exchange settlement and sales surplus of 1,269.9 billion yuan.

Data map: Bank staff are counting currency.

Photo by China News Agency reporter Zhang Yun

　　In terms of U.S. dollars, in October 2021, banks settled US$186.2 billion and sold US$169.6 billion, with a surplus of US$16.5 billion.

From January to October 2021, banks have settled a total of US$2,046 billion in foreign exchange, sold a total of US$1,849.5 billion in foreign exchange, and recorded a surplus of US$196.5 billion in foreign exchange settlement and sales.

　　In October 2021, the bank's foreign-related income on behalf of customers was 2,918.3 billion yuan, foreign payments were 2,694.9 billion yuan, and foreign-related receipts and payments had a surplus of 223.4 billion yuan.

From January to October 2021, the accumulated foreign-related income of banks on behalf of customers was 3148.8 billion yuan, the accumulated external payments were 29,666.6 billion yuan, and the accumulated foreign-related receipts and payments surplus were 1,742.8 billion yuan.

　　In terms of U.S. dollars, in October 2021, banks’ foreign-related revenues on behalf of customers were US$454.6 billion, foreign payments were US$419.8 billion, and foreign-related receipts and payments had a surplus of US$34.8 billion.

From January to October 2021, the cumulative foreign-related revenue of bank agents was US$485.8 billion, the cumulative foreign payments were US$4.5884 billion, and the cumulative foreign-related receipts and payments had a surplus of US$269.6 billion.