The toughness of the foreign exchange market is enhanced and stable in the flow of cross -border funds (how to think about the new position of the economy and the annual data)

Author:Overseas network Time:2022.07.23

"my country's efficient coordinating epidemic prevention and control and economic and social development. Recently, the main macroeconomic indicators have been stabilized and rebounded, and the economic overall development has resumed development. In this context, my country's foreign exchange market has increased toughness, the RMB exchange rate performance is relatively stable, cross -border funds flow generally Stability. "Wang Chunying, deputy director of the State Administration of Foreign Exchange and the spokesman Wang Chunying, said at the press conference of the National New Office held on the morning of the 22nd.

Data show that in the first half of the year, the bank's foreign exchange and sales surplus surplus was US $ 85.2 billion; the bank's foreign -related foreign receipt payment surplus surplus was 83.4 billion US dollars.

The overall continuation surplus pattern of banks and sales and cross -border revenue and expenditure

In the first half of the year, my country's foreign exchange revenue and expenditure status showed the following main features: First, the overall continuation surplus pattern of banks' foreign exchange sales and cross -border income and expenditure. In the first half of the year, banks' foreign exchange sales and foreign -related income and expenditure all showed a surplus of more than 80 billion US dollars. The second is that the exchange rate has risen slightly, and corporate cross -border financing has remained stable. Third, the exchange rate of exchange settlements has risen steadily, and the balance of foreign exchange deposits in enterprises is basically stable. Fourth, the scale of foreign exchange derivatives has remained increased, and the awareness of market subject exchange rate risk management has steadily increased. Fifth, the scale of foreign exchange reserves is basically stable.

"In the next step, the Foreign Exchange Bureau will further deepen the reform and opening up in the field of foreign exchange, promote the facilitation of cross -border trade and investment and financing, and serve the development of the real economy. At the same time, strengthen the research and judgment of the foreign exchange revenue and expenditure situation, and continuously improve the foreign exchange market 'macro -prudential+micro supervision' ' The two -in -one regulatory framework, maintaining the steady operation of the foreign exchange market and the security of national economic and financial security. "Wang Chunying said.

RMB exchange rate performance is relatively stable

Since the beginning of this year, in the face of complex and severe external shocks and challenges, the toughness of my country's foreign exchange market has been fully reflected.

First of all, the elasticity of the RMB exchange rate has increased, and its performance is stable globally. The main line of changes in the international foreign exchange market this year is that the dollar has strengthened, and the main non -dollar currency weakened. In this context, the exchange rate of the RMB against the US dollar has depreciated, but compared with major international currencies, the RMB value has a strong stability.

Second, my country's cross -border capital flow is generally stable, showing a relatively balanced development trend.

Third, the frequent account surplus and long -term capital inflows are still the basic market for stabilizing my country's cross -border capital flow.

Wang Chunying said: "Generally speaking, my country's efficient overall overall epidemic prevention and control and economic and social development, good economic toughness, sufficient potential, and large rooms, laid a good foundation for the smooth operation of my country's foreign exchange market. Changes in the environment. "

Release exchange rate risk management policy dividends

In recent years, the Foreign Exchange Bureau focuses on small and medium -sized enterprises, and has adopted a series of measures in reducing the cost of exchange rate avoidance and improving the risk of exchange rates. Data show that in the first half of the year, enterprises used foreign exchange derivatives such as long -term options to manage exchange rate risks of US $ 755.8 billion, an increase of 29%year -on -year. The ratio of foreign exchange packages increased by 4.1 percentage points from last year to 26%. Nearly 17,000 companies with "first households" enterprises were added, most of which were small and medium -sized enterprises.

Wang Chunying said that the next step will release the exchange rate risk management policy dividends, open up the blocking point of policy implementation, strengthen policy transmission to financial institutions, urge financial institutions to improve the initiative and professionalism of the exchange rate aversion of service enterprises; continue to support the support conditions. Local replication and promotion of the successful practice of exchange rate risk management of small and medium -sized micro -enterprise industry, make good use of relevant special funds, and make the cost reduction to achieve it. (Reporter Ge Mengchao)

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