On March, Chinese bank Valet settlement surplus of $7800000000

Core Tip: In March 2012, Chinese banks on settlement $ 132.7 billion $ 124.8 billion, Sale, exchange settlement and a surplus of $ 7.8 billion. This figure more than $ 4.4 billion in February, banks on foreign exchange settlement favorable balance increased significantly, but still less than half of the $ 19.4 billion favorable balance in January.

Xinhua 08 Network Beijing, April 28 (Reporter Wang Peiwei Bei) statistics released by the State Administration of Foreign Exchange on the 28th March 2012, the Bank of China Valet settlement of $ 132.7 billion $ 124.8 billion, Sale, exchange settlement surplus of 7.8 billion U.S. dollars.

This figure more than $ 4.4 billion in February, banks on foreign exchange settlement favorable balance increased significantly, but still less than half of the $ 19.4 billion favorable balance in January.

The banking exchange is handled by the designated foreign exchange banks for customers and its own foreign exchange settlement and sale businesses, not including the interbank foreign exchange market trading data. Banks on foreign exchange settlement is a designated foreign exchange banks to customers for exchange settlement and part of the banking exchange. Of the difference through the banking exchange banks in the interbank foreign exchange market trading flat, is a major source of causing the change of China's foreign exchange reserves, but its not equal to the same period foreign exchange reserves increase or decrease the amount.

The statistics show that in March 2012, the Banks to forward foreign exchange contract to $ 21.2 billion, the forward sale of foreign exchange contract to $ 17.9 billion, long-term net settlement of $ 3.3 billion. January to March, the banks on accumulated settlement of $ 370.2 billion, the cumulative sale of foreign exchange of $ 338.6 billion, banks on accumulated foreign exchange purchase and sale of a surplus of $ 31.6 billion. In the same period, the banks on the cumulative forward foreign exchange contract to $ 48.8 billion, cumulative long-term sale of foreign exchange contract to $ 36.3 billion, the banks on the cumulative long-term net foreign exchange of $ 12.5 billion.

In March 2012, domestic banks on foreign income of $ 214.1 billion, $ 199.2 billion of the external payments and banks on foreign income payment Shun received $ 14.9 billion. January-March 2012, the banks on accumulated foreign income $ 590.6 billion, the cumulative external payments of $ 535.4 billion, the cumulative foreign banks on the payments received Shun received $ 55.1 billion.

Bank forward foreign exchange contract is the Bank in consultation with the customer to enter into forward foreign exchange (Sale) contract, agreed in the future apply for settlement (Sale), foreign exchange currency, amount, exchange rate and duration, but also affect the change of China's foreign exchange reserves factors.

Banks on the foreign income payment refers to the territory of non-bank residents of institutions and individuals (collectively referred to as non-banking sector) and payment by income between domestic banks and non-resident institutions and individuals, not including the cash receipt and payment and bank foreign income payments.