State Administration of Foreign Exchange: Overall, the operation of China's foreign exchange market is stable, and the demand for forex is basically stable.

Deputy Director and spokesperson of the State Administration of Foreign Exchange, Li Bin, responded to questions from reporters about the foreign exchange market situation in February 2026, stating that since February, international geopolitical conflicts have intensified, leading to greater volatility in the international financial markets. However, overall, the operation of China's foreign exchange market remains stable. In general, China's foreign exchange market remains stable, with active trading and steady demand for exchange and purchase, reflecting stable expectations in the market. The text also provides specific data on the operation of the foreign exchange market in February 2026, including transaction volumes and net flows of funds for non-bank entities, indicating a balanced supply and demand in the market.