China's foreign exchange market saw generally stable operations in the first quarter of 2025 despite increased volatility in international financial markets, the State Administration of Foreign Exchange said on April 22, 2025.
In the first quarter, the country's net inflow of cross-border capital from the trade of goods totaled 206.3 billion U.S. dollars, registering rapid year-on-year growth, said Li Bin, deputy head of the administration.
As of Monday, the onshore RMB spot exchange rate against the U.S. dollar stood at 7.288, appreciating by 0.1 percent from the end of 2024.
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