SAFE Releases Selected Data on Transactions in the Chinese Foreign Exchange Market in April 2024
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 23.04 trillion (equivalent to USD 3.24 trillion) in April 2024.
In terms of markets, the transactions volume of client market was RMB 3.46 trillion (equivalent to USD 0.49 trillion), and the transactions volume of interbank market was RMB 19.58 trillion (equivalent to USD 2.76 trillion). In terms of products, the cumulative transactions volume of the spot market was RMB 7.39 trillion (equivalent to USD 1.04 trillion), and that of the derivatives market was RMB 15.65 trillion (equivalent to USD 2.20 trillion).
From January to April 2024, a total of RMB 89.21 trillion (equivalent to USD 12.56 trillion) was traded in the Chinese foreign exchange market.
Selected Transactions in the Chinese Foreign Exchange Market in 2024 (in RMB)
Selected Transactions in the Chinese Foreign Exchange Market in 2024 (in USD)
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