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Forex Market Turnover
Forex Market Turnover
Forex market turnover 2015
Updated: Feb 29, 2016
safe.gov.cn
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China's foreign exchange (forex) market posted a turnover of 110.93 trillion yuan ($16.7 trillion) in 2015. It was the first time the annual turnover of the country's forex market had been released.
In December, forex market turnover totaled 12.17 trillion yuan, including 2.46 trillion yuan in forex transactions between banks and their clients, 9.71 trillion yuan in interbank forex transactions, 5.53 trillion yuan in transactions on the spot forex market, and 6.64 trillion yuan in forex derivatives transactions.
In 2015, China opened its interbank forex market to overseas central banks and similar institutions to promote a market-oriented and more transparent interbank forex market. So far, 14 overseas central banks and similar institutions have been allowed to trade in China's interbank forex market.
