Entities

State Administration of Foreign Exchange

State Administration of Foreign Exchange
SAFE
SAFE
1978

The State Administration of Foreign Exchange is China's administration agency assigned with drafting rules and regulations for foreign exchange market activities and overseeing the state foreign exchange reserves. It is operating as a bureau under the People's Republic of China.

More About State Administration of Foreign Exchange

  • Some believe that SAFE holds gold that is not yet included in China's official gold reservers