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China’s Foreign Exchange Market Turnover Tops 19.12 Trillion Yuan in September

Original title: Foreign exchange market turnover in September reached 19.12 trillion yuan

People’s Daily Overseas Edition, Beijing, October 27 (Reporter Qiu Haifeng) Data released by the State Administration of Foreign Exchange on the 27th showed that in September 2023, China’s foreign exchange market (excluding the foreign currency pair market, the same below) had a total transaction volume of 19.12 trillion yuan. Chinese yuan (equivalent to US$2.66 trillion).

Specifically, in September, the transaction volume in the bank-to-customer market was 3.20 trillion yuan (equivalent to US$0.45 trillion), and the transaction volume in the inter-bank market was 15.92 trillion yuan (equivalent to US$2.22 trillion); the cumulative transaction volume in the spot market was 5.85 billion yuan. trillion yuan (equivalent to 0.81 trillion U.S. dollars), and the cumulative turnover of the derivatives market was 13.27 trillion yuan (equivalent to 1.85 trillion U.S. dollars). From January to September, China’s foreign exchange market had a cumulative transaction volume of 192.90 trillion yuan (equivalent to 27.49 trillion U.S. dollars).

2023-10-28 06:34:00
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