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
Economy

China's forex market transacts 26.45 trln yuan in August

September 23, 2023


Abstract : The Chinese foreign exchange market recorded transactions worth 26.45 trillion yuan (3.69 trillion U.S. dollars) in August, data from the State Administration of Foreign Exchange showed Friday.

File photo shows a worker counts the U.S. dollars at a bank in Qionghai City, south China's Hainan Province. (Xinhua/Meng Zhongde)

BEIJING, Sept. 22 (Xinhua) -- The Chinese foreign exchange market recorded transactions worth 26.45 trillion yuan (3.69 trillion U.S. dollars) in August, data from the State Administration of Foreign Exchange showed Friday.

In terms of markets, the transaction volume of the client market was 3.45 trillion yuan, while the transaction volume of the interbank market was 23 trillion yuan.

In terms of products, the cumulative transaction volume of the spot market was 9.6 trillion yuan, while that of the derivatives market was 16.85 trillion yuan.

From January to August 2023, 173.78 trillion yuan was traded on the Chinese foreign exchange market. 

Scan the QR code and push it to your mobile phone

Keyword: forex market

Reading:

Foreign trade of China's Jiangsu reaches 3.36 trln yuan in Jan.-Aug.

China to accelerate vitalization of seed industry

Investment of China's central SOEs in strategic emerging industries at high level: report

China's new-style tea drink market likely to exceed 200 bln yuan in 2025: report

BRI cooperation makes the world greener

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