SAFE Releases Selected Data on Transactions in the Chinese Foreign Exchange Market in April 2023
Selected Transactions in the Chinese Foreign Exchange Market in 2023 (in RMB)
Selected Transactions in the Chinese Foreign Exchange Market in 2023 (in USD)
According to the statistics of the State Administration of Foreign Exchange (SAFE), the Chinese foreign exchange market (excluding foreign currency pairs, the same below) recorded total transactions of RMB 20.14trillion (equivalent to USD 2.93trillion) in April 2023.
In terms of markets, the transactions volume of client market was RMB 2.91trillion (equivalent to USD 0.42trillion), and the transactions volume of interbank market was RMB 17.23trillion (equivalent to USD 2.50trillion). In terms of products, the cumulative transactions volume of the spot market was RMB 7.34trillion (equivalent to USD 1.07trillion), and that of the derivatives market was RMB 12.80trillion (equivalent to USD 1.86trillion).
From January to April 2023, a total of RMB 80.29trillion (equivalent to USD 11.71trillion) was traded in the Chinese foreign exchange market.
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