As shown in the statistics of the State Administration of Foreign Exchange (SAFE), in June 2023, the amount of foreign exchange settlement and sales by banks was RMB 1431.6 billion and RMB 1372.7 billion, respectively. During January to June 2023, the accumulative amount of foreign exchange settlement and sales by banks was RMB 7848.2 billion and RMB 7833.8 billion, respectively. In the US dollar terms, in June 2023, the amount of foreign exchange settlement and sales by banks was USD 200.3 billion and USD 192.0 billion, respectively. During January to June 2023, the accumulative amount of foreign exchange settlement ... (full story)