First, the deficit in bank settlement and sale of foreign exchange and foreign-related income and expenditure decreased significantly, and there were surpluses in some months.

Second, the supply and demand in the foreign exchange market are more balanced. According to the quarterly data of bank settlement and sale of foreign exchange, in the first two quarters of 20 17, the deficit of bank settlement and sale of foreign exchange was $40.9 billion and $53 billion respectively. In the third quarter, the deficit narrowed to1900 million dollars, and in the fourth quarter, it turned into a surplus1200 million dollars.

Third, the willingness of market participants to purchase foreign exchange declined, and foreign exchange financing rose steadily. In 20 17, the balance of domestic foreign exchange loans increased by 300 million dollars, and decreased by 85.8 billion dollars in 20 16; The balance of cross-border financing of imported foreign currencies, such as overseas payments and forward letters of credit, increased by $28.4 billion.

Fourth, the tendency of market players to settle foreign exchange has increased, and the willingness of individuals to hold foreign exchange has weakened. In addition, from the perspective of personal domestic foreign exchange deposits, it decreased by 700 million US dollars in 20 17 and increased by 36.3 billion US dollars in 20 16.

Fifth, the bank's forward settlement and sale deficit has generally narrowed. In 20 17, the contract amount of forward settlement and sale of foreign exchange between banks and customers increased by 1 1% year-on-year, the contract amount of forward settlement and sale of foreign exchange increased by 12% year-on-year, and the deficit of forward settlement and sale of foreign exchange was $26 billion, which was 69% lower than that in 20 16, indicating 20/kloc-.

Sixth, the balance of foreign exchange reserves continued to rise. By the end of 20 17 and 12, the balance of China's foreign exchange reserves was $3139.9 billion, an increase of129.4 billion over the end of 20 16. Among them, the balance of foreign exchange reserves rose continuously 1 1 month in February and February.