1, the surplus of foreign exchange settlement and sale means that the amount of foreign exchange purchased by all customers is less than that of all customers. The difference of bank settlement and sale on behalf of customers is the difference of bank settlement and sale on behalf of customers, and the surplus of bank settlement and sale on behalf of customers is greater than the sales surplus. The difference between settlement and sale of foreign exchange is one of the main sources of changes in China's foreign exchange reserves. But it does not mean the increase or decrease of foreign exchange reserves in the same period.

Bank's foreign-related receipts and payments on behalf of customers are different from balance of payments statistics, and its statistical scope is smaller than balance of payments statistics. Refers to the capital flow between domestic non-banking departments and non-residents. The statistical time point is that when customers handle foreign-related payments in domestic banks, they cannot reflect the physical transactions and the foreign-related transactions of the banks themselves.

2. The factors that cause the change of foreign exchange reserves include the change of the designated foreign exchange banks' own settlement and sale of foreign exchange and the comprehensive position of bank settlement and sale of foreign exchange. According to the statistics of the State Administration of Foreign Exchange, the bank settled and sold foreign exchange on behalf of customers for 20 1 21699 billion US dollars1kloc-0/56 million US dollars. In the same period, the bank signed a contract for forward settlement and sale of foreign exchange on behalf of customers for 23.6 billion US dollars.

During the period of 20 12, from June 5438+0 to February1569.3 billion USD of bank settlement and1458.7 billion USD of foreign exchange sales. The accumulated surplus of bank settlement and sale of foreign exchange on behalf of customers is 1 106 billion USD. In the same period, the cumulative forward foreign exchange settlement and sale contracts signed by banks on behalf of customers were US$ 65,438+US$ 0.865438+US$ 400 million, and the cumulative forward net foreign exchange sales signed by banks on behalf of customers were US$ 65,438+US$ 800 million. 20 12 and 12, the foreign-related income of domestic banks on behalf of customers was 265 10 billion US dollars, and the external payment was 233.4 billion US dollars, with a surplus of 3 17 billion US dollars. From June 20 12 to June 20 12, the accumulated foreign-related income of banks on behalf of customers was $2590 1 billion, and the accumulated external payment was $2,478.7 billion. The accumulated foreign payment surplus of banks on behalf of customers is1110.40 billion USD.