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  • The State Administration of Foreign Exchange (SAFE) has released data on China's foreign exchange market transactions in March 2024

    Release Time: 2024-04-26 Source: State Administration of Foreign Exchange Views:

    Statistics from the State Administration of Foreign Exchange show that in March 2024, the total turnover of China's foreign exchange market (excluding foreign currency pairs market, the same below) was 24.64 trillion yuan (equivalent of 3.47 trillion dollars)。Among them, bank to customer market transactions 3.53 trillion yuan (equivalent to 0.$50 trillion), the interbank market turnover of 21.11 trillion yuan (equivalent of 2.97 trillion dollars);Spot market cumulative turnover 7.61 trillion yuan (equivalent to 1.$07 trillion), the cumulative volume of derivatives market 17.03 trillion yuan (equivalent of 2.$40 trillion)。

    20241-3In October, China's foreign exchange market accumulated transactions66.17One trillion yuan (equivalent9.32Trillion dollars)。