Foreign exchange is a foreign currency or a means of payment expressed in foreign currency that can be used for international settlement. Article 3 of the Regulations on Foreign Exchange Management promulgated by China 1996 stipulates the following specific contents of foreign exchange:
Foreign exchange refers to:
(1) foreign currency. Including paper money and coins.
② Foreign currency payment voucher. Including bills, bank payment vouchers, postal savings vouchers, etc.
③ Foreign currency securities. Including government bonds, corporate bonds, stocks, etc.
(4) Special Drawing Rights and European Monetary Units.
⑤ Other assets denominated in foreign currency.