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SAFE News
  • Index number:
    000014453-2014-00114
  • Dispatch date:
    2014-02-24
  • Publish organization:
    State Administration of Foreign Exchange
  • Exchange Reference number:
  • Name:
    The SAFE Releases Three Sets of Data, Including Data on Outstanding Forward Foreign Exchange Settlements and Sales by Banks on Behalf of Their Clients
The SAFE Releases Three Sets of Data, Including Data on Outstanding Forward Foreign Exchange Settlements and Sales by Banks on Behalf of Their Clients

In order to further increase the transparency of information regarding the BOP statistics and to make it easier for the general public to study and analyze information related to the foreign-exchange circumstances, the State Administration of Foreign Exchange (SAFE) beginning from February 2014 began to release aggregate data on outstanding forward foreign exchange settlements and sales by banks on behalf of their clients and aggregate data on foreign-related receipts and payments and data on China international trade in services, based on the specifications and category of data released each month. The previous Timetable for the Release of the BOP and Relevant Data was revised and promulgated.

With the release of the aggregate data on the outstanding forward foreign exchange settlements and sales by banks on behalf of their clients, users of the relevant data will be able to obtain comprehensive insights into aggregate forward foreign exchange settlements and sales. The release of the aggregate data on foreign-related receipts and payments will enable users of the data to obtain insights into changes in the foreign-related receipts and payments in various currencies. The data on China international trade in services will enable users to obtain timely insights into China’s development of trade in services, thus increasing the reliability of relevant data for research, analysis, and policy adjustments.

To facilitate utilization of relevant time-series data, beginning from 2010 the SAFE also released aggregate monthly historical data on outstanding forward foreign-exchange settlements and sales by banks on behalf of their clients.

 





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