State Administration of Foreign Exchange: In April, banks sold 154.08 billion RMB in foreign exchange and purchased 157.15 billion RMB in foreign exchange.

On May 19th, the State Administration of Foreign Exchange (SAFE) released the data of bank foreign exchange sales and purchases and bank customer foreign exchange receipts and payments for April 2025. Li Bin, Deputy Director of SAFE and spokesperson, answered questions from reporters on the foreign exchange situation in April 2025. The data showed that in April, banks purchased RMB 154.08 billion and sold RMB 157.15 billion. From January to April, banks accumulated purchases of RMB 533.73 billion and sales of RMB 578.15 billion. Li Bin stated that in April, China's cross-border capital flows overall showed a net inflow, with market expectations stable and the supply and demand of foreign exchange basically balanced. The foundation for stable operation of the foreign exchange market will continue to be consolidated. The article provides detailed data on bank sales and purchases of foreign exchange and bank customer foreign exchange receipts and payments in April 2025. Li Bin also answered questions on the foreign exchange situation in April 2025. The overall foreign exchange situation in China in April 2025 is described, highlighting factors such as the net inflow of cross-border funds, resilience in China's foreign trade, and the orderly outflow of funds from various channels. Market expectations are stable, and the supply and demand of foreign exchange are basically balanced. Measures taken by financial regulatory authorities to support the real economy and recent positive developments in Sino-US economic and trade high-level talks are also mentioned as contributing factors to the stable operation of the foreign exchange market.