The State Administration of Foreign Exchange reported June turnover in China’s
FX market (excluding non‑RMB currency‑pair markets) at RMB 28.00 trillion (USD
4.11 trillion). Bank‑to‑client trading was RMB 5.18 trillion (USD 0.76 trillion)
and interbank trading RMB 22.81 trillion (USD 3.35 trillion). Spot turnover
totaled RMB 10.31 trillion (USD 1.51 trillion) and derivatives turnover RMB
17.68 trillion (USD 2.59 trillion). Jan–Jun cumulative turnover was RMB 152.21
trillion (USD 22.08 trillion).