State Administration Of Foreign Exchange: China'S Foreign Exchange Market Has A Basic And Stable Operation.

Recently, the State Administration of Foreign Exchange announced Two The balance of foreign exchange reserves at the end of the month. Up to Two thousand and twenty Year Two At the end of the month, the scale of China's foreign exchange reserves is Thirty-one thousand and sixty-seven Billion dollars, down compared with the beginning of the year Twelve Billion dollars, a decline of 0.04% 。

Two In June, China's foreign exchange market was generally stable. In the international financial market, the US dollar index and major state bond prices have risen, influenced by the global spread of the new crown pneumonia epidemic, the economic situation of major countries and the expectation of monetary policy. Valuation factors such as exchange rate conversion and asset price change are the main reasons for the change of foreign exchange reserve scale in that month.

The foreign exchange bureau said that in the future, the unstable and uncertain factors of the global economy are increasing, and the volatility of the international financial market may increase. Although the epidemic has a certain impact on China's economic operation, but overall, the fundamentals of our economy have not changed for a long time. The impact of the epidemic is short term and generally controllable. With the success of various policies and measures, the accumulation of positive factors will provide strong support for the steady and healthy development of China's economy. China's foreign exchange market has a stable and stable operation on the basis and conditions, and the scale of foreign exchange reserves is expected to remain stable overall.