SAFE reported April China FX market turnover (excluding foreign-currency-pair
markets) at 25.30 tln yuan, equivalent to $3.68 tln. Bank-to-client turnover was
4.36 tln yuan ($0.63 tln) and interbank turnover 20.94 tln yuan ($3.05 tln).
Spot turnover totaled 9.26 tln yuan ($1.35 tln); derivatives turnover 16.04 tln
yuan ($2.33 tln).