The State Administration of Foreign Exchange releases data on banks' foreign exchange settlements and sales, and banks' foreign-related receipts and payments on behalf of clients for May 2026.
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From January to May 2026, banks cumulatively settled foreign exchange equivalent to 8.7624 trillion RMB and cumulatively sold foreign exchange equivalent to 7.2755 trillion RMB. Calculated in US dollars, in May 2026, banks settled $243.9 billion and sold $208.1 billion. From January to May 2026, banks cumulatively settled $1.2675 trillion and cumulatively sold $1.053 trillion. In May 2026, banks handled cross-border receipts for clients totaling 5.2913 trillion RMB and cross-border payments totaling 4.8637 trillion RMB. From January to May 2026, banks handled cumulative cross-border receipts of 26.334 trillion RMB and cumulative cross-border payments of 24.8803 trillion RMB for clients. Calculated in US dollars, in May 2026, banks handled cross-border receipts for clients of $773.8 billion and cross-border payments of $711.2 billion. From January to May 2026, banks cumulatively handled cross-border receipts for clients of $3.8113 trillion and cumulative cross-border payments of $3.6012 trillion.
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