The index refers to the quota of foreign exchange that the foreign exchange user has the right to use according to the unified arrangement of the state foreign exchange administration authority.
In order to maintain the balance of international payments, in the use of foreign exchange, the State Administration of Foreign Exchange shall, according to the priorities and priorities of the projects, assign certain quotas for the use of foreign exchange to the departments or units that use foreign exchange in a unified and balanced manner, and specify the purposes and periods for use.
Indicators of Chinese foreign exchange must be used within the year, cross year invalid.
Departments, units and individuals using foreign exchange can only apply for the use of foreign exchange or purchase corresponding foreign exchange for use within the quota.
This is an important means for the state to live within its means in foreign exchange management and maintain a balance of foreign exchange payments.
