Expansion seen in Chinese forex market turnover during June
(MENAFN) Official figures demonstrated that during June, the Chinese foreign exchange (forex) market witnessed a turnover of 20.33 trillion yuan (around USD3.16 trillion), a rise from about USD2,78 trillion duirng May.
The State Administration of Foreign Exchange stated that the turnover of forex transactions between banks and their clients came to around USD524 billion during June, whereas that of interbank forex transactions came in at USD2,62 billion.
The figures demonstrated that during the first six months of 2021, China’s forex market turnover came to about USD17,43 billion.
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