ChineseEnglish
    SAFE News
    • Index number:
      000014453-2024-0056
    • Dispatch date:
      2024-08-23
    • Publish organization:
      State Administration of Foreign Exchange
    • Exchange Reference number:
    • Name:
      SAFE Releases Selected Data on Transactions in the Chinese Foreign Exchange Market in July 2024
    SAFE Releases Selected Data on Transactions in the Chinese Foreign Exchange Market in July 2024

    According to the statistics of the State Administration of Foreign Exchange (SAFE), the Chinese foreign exchange market (excluding foreign currency pairs, the same below) recorded total transactions of RMB 27.97 trillion (equivalent to USD 3.92 trillion) in July 2024.

    In terms of markets, the transactions volume of client market was RMB 3.68 trillion (equivalent to USD 0.52 trillion), and the transactions volume of interbank market was RMB 24.29 trillion (equivalent to USD 3.41 trillion). In terms of products, the cumulative transactions volume of the spot market was RMB 9.35 trillion (equivalent to USD 1.31 trillion), and that of the derivatives market was RMB 18.62 trillion (equivalent to USD 2.61 trillion).

    From January to July 2024, a total of RMB 163.40 trillion (equivalent to USD 22.98 trillion) was traded in the Chinese foreign exchange market.

    The English translation may only be used as a reference. In case a different interpretation of the translated information contained in this website arises, the original Chinese shall prevail.

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