SAFE Releases Selected Data on Transactions in the Chinese Foreign Exchange Market in October 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 16.24 trillion (equivalent to USD 2.26 trillion) in October 2023.
In terms of markets, the transactions volume of client market was RMB 2.71 trillion (equivalent to USD 0.38 trillion), and the transactions volume of interbank market was RMB 13.53 trillion (equivalent to USD 1.88 trillion). In terms of products, the cumulative transactions volume of the spot market was RMB 4.08 trillion (equivalent to USD 0.57 trillion), and that of the derivatives market was RMB 12.16 trillion (equivalent to USD 1.69 trillion).
From January to October 2023, a total of RMB 209.15 trillion (equivalent to USD 29.76 trillion) was traded inthe Chinese foreign exchange market.
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