China's forex market turnover tops 24 trillion yuan

0 Comment(s)Print E-mail Xinhua, January 29, 2022
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Photo taken on Nov. 3, 2020 shows a view of the Lujiazui area of Pudong, east China's Shanghai. [Photo/Xinhua]

China's foreign exchange (forex) market recorded a total transaction of 24.11 trillion yuan, equivalent to 3.79 trillion U.S. dollars, in December, official data showed.

Specifically, the transaction volume of the client market totaled 3.65 trillion yuan last month, while that of the interbank market was 20.47 trillion yuan, according to the State Administration of Foreign Exchange.

In terms of products, the cumulative transaction volume of the spot market was 8.45 trillion yuan, and that of the derivatives market was 15.67 trillion yuan in December.

In 2021, the country's forex market turnover added up to 237.79 trillion yuan, the data showed.

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