SAFE Data: China Banks Net FX Settlement +16 Billion USD in March 2026 — CNY Inflow Signal

2026-04-28 20:06:08 ChinaFXTools 112 reads

The State Administration of Foreign Exchange (SAFE) has released key data on foreign exchange settlement and sales...

The State Administration of Foreign Exchange (SAFE) has released key data on foreign exchange settlement and sales by banks, along with cross-border receipts and payments data for March 2026.

Bank Foreign Exchange Settlement and Sales (March 2026):

Settlement (banks buying FX): 273.6 billion USD (1,888.9 billion yuan)
Sales (banks selling FX): 257.6 billion USD (1,778.6 billion yuan)
Net settlement surplus: +16 billion USD — indicates net FX inflow, positive for CNY

Q1 2026 Cumulative:

Total settlement: 766.4 billion USD (5,327.5 billion yuan)
Total sales: 627.7 billion USD (4,360.6 billion yuan)
Q1 net surplus: +138.7 billion USD

Cross-Border Receipts and Payments by Non-Banking Sectors (March 2026):

Receipts: 823.9 billion USD
Payments: 855.9 billion USD
Q1 cumulative receipts: 2,205.5 billion USD; Payments: 2,119.9 billion USD (net inflow)

Source: State Administration of Foreign Exchange (SAFE) — Original Article

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