China News Service, April 24, according to the website of the State Administration of Foreign Exchange, the State Administration of Foreign Exchange announced on March 24 the data of China's foreign exchange market transactions in March 2020. Data show that in March 2020, China's foreign exchange market (excluding the foreign currency pair market, the same below) had a total turnover of 17.36 trillion yuan (equivalent to 2.48 trillion US dollars). From January to March 2020, the cumulative turnover of China's foreign exchange market was 43.01 trillion yuan (equivalent to 6.17 trillion US dollars).
Data map: Bank staff counts currencies. China News Service reporter Zhang Yunshe
Among them, bank-to-customer market transactions were 3.22 trillion yuan (equivalent to 458.8 billion US dollars), inter-bank market transactions were 14.15 trillion yuan (equivalent to 2.02 trillion U.S. dollars); cumulative spot market transactions were 7.05 trillion yuan (equivalent Valued at 1.00 trillion US dollars), the cumulative turnover of the derivatives market was 10.32 trillion yuan (equivalent to 1.47 trillion US dollars).