On October 22, the State Administration of Foreign Exchange released data showing that in September 2025, banks settled 264.7 billion US dollars in foreign exchange and sold 213.6 billion US dollars in foreign exchange; The bank's foreign-related income from clients was 681.2 billion US dollars, and external payments were 684.3 billion US dollars. The data also shows that in the first nine months of this year, banks have cumulatively settled $1853.3 billion in foreign exchange and sold $179.01 billion in foreign exchange; The cumulative foreign-related income of bank clients is 587.05 billion US dollars, and the cumulative external payments are 575.08 billion US dollars. In the first three quarters of this year, the total scale of China's foreign-related income and expenditure was 11.6 trillion US dollars, setting a new historical high for the same period. The net inflow of cross-border funds was 119.7 billion US dollars, and the bank's foreign exchange surplus was 63.2 billion US dollars, both higher than the same period last year. ”Regarding the situation of the foreign exchange market in September, Li Bin, Deputy Director and spokesperson of the State Administration of Foreign Exchange, stated in response to a reporter's question. Li Bin stated that China's foreign exchange market operated smoothly in September, mainly exhibiting two characteristics. Firstly, cross-border capital flows remain active and balanced. In September, the total cross-border income and expenditure of non bank sectors such as enterprises and individuals reached 1.37 trillion US dollars, an increase of 7% compared to the previous month. The cross-border income and expenditure under both the current account and capital account have maintained a growth trend, indicating the steady development of China's foreign-related economy. Due to the seasonal impact of the National Day and Mid Autumn Festival holidays on cross-border payments, there was a slight net outflow of $3.1 billion in cross-border funds in September, which has now turned into a net inflow since October. From a project perspective, China's foreign trade has steadily grown, with a high net inflow of funds under goods trade in September; Cross border capital flows under service trade, investment income, and other categories are relatively stable. Secondly, the supply and demand in the foreign exchange market are relatively balanced. In September, there was a significant increase in the month on month settlement and sale of foreign exchange by banks on behalf of clients, and enterprises and other entities flexibly carried out foreign exchange trading according to their own needs. The surplus of foreign exchange settlement and sale in September was 51 billion US dollars, with a relatively large net foreign exchange settlement in the first half of the year, and the balance of foreign exchange settlement and sale in the second half of the year tends to be balanced. Since October, the foreign exchange settlement and sale by banks on behalf of clients have been roughly equivalent, and the supply and demand in the foreign exchange market have been basically balanced. Overall, in the face of a complex and ever-changing external environment, China's foreign exchange market has been operating steadily this year, with stable expectations and a basic balance between supply and demand, maintaining strong resilience and vitality. ”Li Bin said. (New Society)