China’s forex market turnover rises in July
BEIJING, Aug. 29 (Xinhua) — China’s foreign exchange (forex) market saw a turnover of 21.32 trillion yuan (about 3.29 trillion U.S. dollars) in July, up from 20.33 trillion yuan in June, official data showed.
Specifically, the turnover of forex transactions between banks and their clients totaled 3.1 trillion yuan, while that of interbank forex transactions stood at 18.22 trillion yuan, according to the State Administration of Foreign Exchange.
In the first seven months of the year, the country’s forex market turnover totaled 133.95 trillion yuan, the data showed.
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