本报讯 国家外汇管理局昨日公布的统计数据显示，7月我国银行代客结汇1275亿美元，售汇1270亿美元，结售汇顺差5亿美元。这是6月出现逆差后，再度转为顺差。1月至7月，银行代客结汇8725亿美元，售汇8426亿美元，银行代客累计结售汇顺差约300亿美元。

Report from our correspondent the state administration of foreign exchange announced yesterday the statistical data shows，July the Banks of our country foreign exchange settlement valet $127.5 billion，Sales of $127 billion，Writtens guarantee surplus of $500 million。This is June appear after the deficit，Again to surplus。January to July，Valet bank settlement of $872.5 billion，Sales of $842.6 billion，Bank valet accumulated writtens guarantee surplus about $30 billion。

　　据了解，银行结售汇是指外汇指定银行为客户及其自身办理的结汇和售汇业务，不包括银行间外汇市场交易数据。银行结售汇形成的差额将通过银行在银行间外汇市场买卖平盘，是引起我国外汇储备变化的主要来源之一，但不等于同期外汇储备的增减额。

It is understood，The bank guarantee refers to the designated foreign exchange Banks for customers and its own handle the businesses of foreign exchange settlement and sale，Not including inter-bank foreign exchange market transaction data。The difference between the bank guarantee will be formed through bank in the inter-bank foreign exchange market trading flat pan，Is a cause of Chinese foreign exchange reserve one of the major sources of change，But do not be equal to the same period of the foreign exchange reserves ZengJianE。

　　大同证券(博客,微博)高级投资顾问刘云峰昨日晚间向《大众证券报》表示，银行代客结售汇顺差和逆差交替出现的局面，与人民币单边升值预期结束有关。可以看到，今年人民币汇率更多地呈现双向波动，如近期对美元贬值，而对欧元、日元等货币则升值。

Datong securities(blog,Micro bo)Senior investment advisers y. yesterday evening to《Public stock certificate report》said，Bank valet writtens guarantee surplus and deficit appear alternately situation，And the yuan appreciation of unilateral expected on the end。Can see，This year the yuan exchange rate more present two-way fluctuation，Such as the recent against the U.S. dollar，Against the euro and、The yen currency, such as the appreciation。

　　复旦大学金融研究院最新发布的人民币汇率指数走势分析报告显示，今年第二季度，人民币对美元贬值明显，0.88%的贬值幅度创下了自1994年以来的最大值。而7月份以来，人民币对美元汇率盘中价曾连续多次触及1%跌停。8月中旬，人民币对美元汇率中间价更是连续创出年内新低。

Fudan university financial institute the latest release of RMB exchange rate index trend analysis report，The second quarter of this year，RMB against the U.S. dollar obviously，0.88% of the depreciation range set a maximum of since 1994。And since July，The RMB against the us dollar exchange rate plate price once many times continuously drop stop hit 1%。"The world is turbidity，The RMB against the us dollar exchange rate intermediate valence is creating a new low for years。

　　去年11月和12月，我国银行代客结售汇连续出现逆差。今年1月，银行代客结售汇曾一度出现194亿美元的顺差，此后顺差额开始收窄。4月份，我国银行代客结售汇年内首度出现逆差，逆差额达37亿美元。5月份又转为顺差51亿美元，6月再度出现35亿美元的结售汇逆差。

Last November and December，Our country bank valet writtens guarantee continuous appear deficit。In January，Bank valet writtens guarantee once appear $19.4 billion surplus，Since then ShunChaE narrowing。In April，Our country bank valet writtens guarantee for years in deficit，Deficit amounted to $3.7 billion。May and into a surplus of $5.1 billion，June reemergence $3.5 billion deficit below writtens guarantee。

　　刘云峰认为，实际上，近期银行代客结售汇出现小幅的顺差和逆差交替，在某种程度上真实地反映了受欧美经济不振而受到影响的我国外贸情况。由于内外需不振可能还会持续，因而银行代客结售汇出现小幅顺差和逆差交替的现象可能还会持续。

Y. think，In fact，Recent bank valet writtens guarantee appear small surplus and deficit alternate，In some extent, truly reflects the European and American economic malaise and affected our country foreign trade situation。The internal and external need of may is likely to continue，Therefore the bank valet writtens guarantee appear small surplus and deficit alternate phenomenon may also will continue。

　　外汇管理局的数据也显示，7月份，我国银行代客远期结汇签约118亿美元，远期售汇签约152亿美元，远期净售汇34亿美元。1月至7月，银行代客累计远期结汇签约957亿美元，累计远期售汇签约1045亿美元，银行代客累计远期净售汇88亿美元。据悉，银行远期结售汇签约是指银行与客户协商签订远期结汇（售汇）合同，约定将来办理结汇（售汇）的外汇币种、金额、汇率和期限，也是影响中国外汇储备变化的一个因素。

Administration of foreign exchange of the data also show，In July，Our country bank valet forward foreign exchange settlement signing $11.8 billion，Forward sale contract us $15.2 billion，Forward net sales of $3.4 billion。January to July，Bank valet accumulated forward foreign exchange settlement signing $95.7 billion，Accumulated forward sale contract us $104.5 billion，Bank valet accumulated forward net sales of $8.8 billion。It is reported，Bank forward writtens guarantee contract is to point to a bank negotiate with customer sign forward foreign exchange settlement（sale）contract，Agreed to handle foreign exchange in the future（sale）Foreign exchange currency、amount、Rate and duration，Also affect China's foreign currency reserves changing a factor。

　　刘云峰分析，远期结售汇签约持续逆差，体现了在人民币贬值预期下，一些企业通过远期购汇工具来管理汇率风险。

Y. analysis，Forward writtens guarantee continuous deficit sign，Reflected in the devaluation of RMB under the expected，Some enterprise through the forward purchase tools to manage the exchange rate risk。

　　此外，7月我国境内银行代客涉外收入2184亿美元，对外付款2096亿美元，银行代客涉外收付款顺收88亿美元。数据显示，1月至7月，银行代客累计涉外收入14437亿美元，累计对外付款13558亿美元，银行代客累计涉外收付款顺收880亿美元。据悉，银行代客涉外收付款是指境内非银行居民机构和个人（统称非银行部门）通过境内银行与非居民机构和个人之间发生的收付款，不包括现钞收付和银行自身涉外收付款。

In addition，July within the territory of China bank valet foreign-related revenue of $218.4 billion，Foreign payment of 209.6 billion dollars，Bank valet foreign payments paramagnetic charge $8.8 billion。Data display，January to July，Bank valet accumulated foreign-related revenue of $1.4437 trillion，Accumulated foreign payment of 1.3558 trillion dollars，Bank valet accumulated foreign payments paramagnetic charge $88 billion。It is reported，Bank valet foreign payments refers to domestic non-bank residents organizations and individuals（Referred to as non-bank department）Through the domestic bank and non-resident organizations and individuals happened between payments，Do not include cash receipts and payments and foreign Banks themselves to close。

　　记者 陈刚

Reporter Chen gang