SAFE Releases Selected Data on Transactions in the Chinese Foreign Exchange Market in August 2023
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 RMB26.45trillion (equivalent to USD3.69trillion) in August 2023.
In terms of markets, the transactions volume of client market was RMB3.45trillion (equivalent to USD0.48trillion), and the transactions volume of interbank market was RMB23.00trillion (equivalent to USD3.21trillion). In terms of products, the cumulative transactions volume of the spot market was RMB9.60trillion (equivalent to USD1.34trillion), and that of the derivatives market was RMB16.85trillion (equivalent to USD2.35trillion).
From January to August 2023, a total of RMB173.78trillion (equivalent to USD24.83trillion) was traded in the Chinese foreign exchange market.
Selected Transactions in the Chinese Foreign Exchange Market in 2023 (in RMB)
Selected Transactions in the Chinese Foreign Exchange Market in 2023 (in USD)
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