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    SAFE News
    • Index number:
      000014453-2011-01124
    • Dispatch date:
      2011-10-31
    • Publish organization:
      State Administration of Foreign Exchange
    • Exchange Reference number:
    • Name:
      The SAFE Releases Data on Foreign Exchange Settlements and Sales by Banks on Behalf of Clients and Data on Foreign-related Receipts and Payments by Banks on Behalf of Clients in September 2011
    The SAFE Releases Data on Foreign Exchange Settlements and Sales by Banks on Behalf of Clients and Data on Foreign-related Receipts and Payments by Banks on Behalf of Clients in September 2011

    According to the statistical data released by the State Administration of Foreign Exchange (SAFE), in September 2011 the amount of foreign exchange settlements and sales by banks on behalf of clients amounted to USD142.6 billion and USD116.6 billion respectively. The surplus of foreign exchange settlements and sales by banks on behalf of clients amounted to USD26 billion. For the first nine months of 2011, the cumulative amount of foreign exchange settlements and sales by banks on behalf of clients amounted to USD1211.2 billion and USD830.5 billion respectively. The surplus of foreign exchange settlement and sales was USD380.7 billion.

     

    In September 2011, foreign-related receipts and payments by domestic banks on behalf of clients amounted to USD209 billion and USD197 billion respectively, and the surplus of foreign-related receipts and payments reached USD12 billion. For the first nine months 2011, the cumulative foreign-related receipts and payments of banks on behalf of clients amounted to USD1700.9 billion and USD1461.9 billion respectively; and the surplus of the cumulative foreign-related receipts and payments reached USD248 billion.





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