Last year banks sold a 397.7 billion-dollar surplus.

Source: Internet
Author: User
Keywords Bank last year surplus knot sale
Tags administration business customer exchange the difference
Every reporter Xu Yu from the Beijing State Administration of foreign exchange statistics, 2010, the bank's customer exchange settlement of 1.33 trillion U.S. dollars, banks on behalf of the sale of 932.7 billion U.S. dollars, the surplus of 397.7 billion U.S. dollars, the year-on-year growth of 50.9%, 2009, the bank on behalf of the sale of a foreign exchange surplus of 263.5 billion U.S. dollars.  December 2010, the bank on behalf of the settlement of 146.2 billion U.S. dollars, the bank on behalf of the sale of 94.7 billion U.S. dollars, the surplus of 51.5 billion U.S. dollars, the November 2010 sales of a foreign exchange surplus of 45.3 billion U.S. dollars. The head of foreign exchange operations at a large Beijing branch of a state-owned country said the daily economic news that the trade exchange surplus reflected the increase of hot money inflow, on the other hand, the increase of foreign investment. "Money outside the country is coming through a variety of ways, such as overseas residents who have bought homes in China over the past year," he said. "Societe Generale Capital Operation Center, Dr Shunshu, the trade surplus is mainly reflected in the trading surplus, and the two generally proportional relationship." But the bank insiders disagree. She said that the increase in the sales surplus was so large that it was not a trade change that could be fully explained. "RMB appreciation, foreigners to buy a lot of houses, various channels of settlement into the renminbi more funds." The difference between the bank's settlement and the sale of the exchange is the margin.  The difference between the bank's valet will be bought and sold by banks in the inter-bank foreign exchange market, which is one of the main sources of the change of China's foreign exchange reserves, but it is not equal to the increase or decrease of foreign exchange reserves. According to the data of the board, the foreign-related income of the bank in 2010 was 1.89 trillion U.S. dollars, and the external payment was $1.58 trillion, which was 298 billion USD.
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