Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's forex market turnover down in January

February 25, 2023


Abstract : China's foreign exchange market saw a turnover of 14.29 trillion yuan (about 2.1 trillion U.S. dollars) in January, down from 16.03 trillion yuan in December last year, official data showed on Friday.

BEIJING, Feb. 24 (Xinhua) -- China's foreign exchange market saw a turnover of 14.29 trillion yuan (about 2.1 trillion U.S. dollars) in January, down from 16.03 trillion yuan in December last year, official data showed on Friday.

The turnover of forex transactions between banks and their clients totaled 2.62 trillion yuan, and the turnover of interbank forex transactions totaled 11.67 trillion yuan, according to the State Administration of Foreign Exchange.

In terms of products, the cumulative transaction volume of the spot market was 5.69 trillion yuan, and that of the derivatives market was 8.6 trillion yuan.

Scan the QR code and push it to your mobile phone

Keyword: forex market

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial