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Xinhua Silk Road
Economy

China's forex market turnover at 15.67 trillion yuan in May

June 22, 2020


Abstract : China's foreign exchange (forex) market in May recorded a turnover of 15.67 trillion yuan, or 2.21 trillion U.S. dollars, data showed.

BEIJING, June 20 (Xinhua) -- China's foreign exchange (forex) market in May recorded a turnover of 15.67 trillion yuan, or 2.21 trillion U.S. dollars, data showed.

Specifically, the turnover of forex transactions between banks and their clients totaled 2.33 trillion yuan last month, while that of interbank forex transactions stood at 13.34 trillion yuan, according to the State Administration of Foreign Exchange (SAFE).

In the first five months of this year, the country's forex market turnover totaled 74.96 trillion yuan, the data showed. Enditem

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Keyword: SAFE foreign exchange

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