China traded 15.67 trillion yuan in foreign exchange market in May

On June 19, the State Administration of Foreign Exchange announced that in May 2020, China’s foreign exchange market (excluding the Inter-bank Foreign Currency Market) had a total turnover of 15.67 trillion yuan.

On June 19, the State Administration of Foreign Exchange announced that in May 2020, China’s foreign exchange market (excluding the Inter-bank Foreign Currency Market) had a total turnover of 15.67 trillion yuan.

Among them, bank-to-customer market transactions were 2.33 trillion yuan, and inter-bank market transactions were 13.34 trillion yuan.

The cumulative turnover in the spot market was 5.81 trillion yuan, and the cumulative turnover in the derivatives market was 9.86 trillion yuan.

Data show that from January to May 2020, the cumulative turnover of China’s foreign exchange market was 74.96 trillion yuan.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/22/china-traded-15-67-trillion-yuan-in-foreign-exchange-market-in-may/.

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