In March 2024, the value of transactions in China's forward foreign exchange market amounted to nearly 65 billion U.S. dollars. Compared to the forward market, the spot market is much larger in terms of foreign exchange transactions in China.
Value of transactions in China's forward foreign exchange market from March 2020 to March 2024
(in billion U.S. dollars)
Characteristic
Monthly transaction volume in billion U.S. dollars
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The statistics for foreign exchange market only include transactions of RMB (Chinese yuan) against foreign currencies, excluding transactions between foreign currencies.
Figures were rounded.
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State Administration of Foreign Exchange. (May 24, 2024). Value of transactions in China's forward foreign exchange market from March 2020 to March 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1072935/china-transaction-value-in-forward-foreign-exchange-market/
State Administration of Foreign Exchange. "Value of transactions in China's forward foreign exchange market from March 2020 to March 2024 (in billion U.S. dollars)." Chart. May 24, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1072935/china-transaction-value-in-forward-foreign-exchange-market/
State Administration of Foreign Exchange. (2024). Value of transactions in China's forward foreign exchange market from March 2020 to March 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1072935/china-transaction-value-in-forward-foreign-exchange-market/
State Administration of Foreign Exchange. "Value of Transactions in China's Forward Foreign Exchange Market from March 2020 to March 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 May 2024, https://www.statista.com/statistics/1072935/china-transaction-value-in-forward-foreign-exchange-market/
State Administration of Foreign Exchange, Value of transactions in China's forward foreign exchange market from March 2020 to March 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1072935/china-transaction-value-in-forward-foreign-exchange-market/ (last visited July 22, 2024)
Value of transactions in China's forward foreign exchange market from March 2020 to March 2024 (in billion U.S. dollars) [Graph], State Administration of Foreign Exchange, May 24, 2024. [Online]. Available: https://www.statista.com/statistics/1072935/china-transaction-value-in-forward-foreign-exchange-market/