State Administration of Foreign Exchange: Banks settled 1.5194 trillion yuan and sold 1.394 trillion yuan in foreign exchange in October.

16:40 17/11/2025

According to statistics from the State Administration of Foreign Exchange, in October 2025, banks sold 151.94 billion RMB in foreign exchange and purchased 139.4 billion RMB in foreign exchange.

On November 17th, according to statistics from the State Administration of Foreign Exchange, in October 2025, banks in China sold a total of 1519.4 billion RMB in foreign exchange and purchased 1394 billion RMB. From January to October 2025, banks in China accumulated a total of 14794.1 billion RMB in foreign exchange sales and 14220.1 billion RMB in purchases. In terms of US dollars, in October 2025, banks in China sold 214.2 billion USD in foreign exchange and purchased 196.5 billion USD. From January to October 2025, banks in China accumulated a total of 2067.5 billion USD in sales and 1986.6 billion USD in purchases. In October 2025, banks in China handled 4420.7 billion RMB in foreign exchange earnings on behalf of their clients, and made payments of 4057.9 billion RMB. From January to October 2025, banks in China accumulated a total of 46483.6 billion RMB in foreign exchange earnings and 45260.7 billion RMB in payments on behalf of their clients. In terms of US dollars, in October 2025, banks in China handled 623.1 billion USD in foreign exchange earnings on behalf of their clients and made payments of 571.9 billion USD. From January to October 2025, banks in China accumulated a total of 6493.6 billion USD in foreign exchange earnings and 6322.7 billion USD in payments on behalf of their clients. This article was compiled from the official website of the State Administration of Foreign Exchange and edited by GMTEight editor: Liu Jiayin.

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The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

Choose a Fed chairman who is "willing to lower interest rates", the history of American presidents has always been "difficult to fulfill their wishes"!