State Administration of Foreign Exchange: The cumulative turnover of China ’s foreign exchange market in the first four months was 59.29 trillion

　　China News Service, May 22, according to the website of the State Administration of Foreign Exchange, the State Administration of Foreign Exchange announced the data of China ’s foreign exchange market transactions in April 2020: From January to April 2020, the cumulative turnover of China ’s foreign exchange market was 59.29 trillion yuan (etc. Valued at US $ 8.47 trillion).

　　Statistics from the State Administration of Foreign Exchange show that in April 2020, China ’s foreign exchange market (excluding the foreign currency pair market, the same below) had a total turnover of 16.27 trillion yuan (equivalent to 2.30 trillion US dollars). Among them, the bank-to-customer market turnover was 2.48 trillion yuan (equivalent to 351.5 billion U.S. dollars), the inter-bank market turnover was 13.79 trillion yuan (equivalent to 1.95 trillion U.S. dollars); the cumulative spot market turnover was 5.77 trillion yuan (etc. Worth 816.7 billion US dollars), the cumulative turnover of the derivatives market is 10.50 trillion yuan (equivalent to 1.49 trillion US dollars).