China's forex market transacts 19.45 trillion yuan in January
File photo shows a resident holding China's RMB and US dollar banknotes on hands in Qionghai, south China's Hainan Province. PHOTO: XINHUA
China's foreign exchange (forex) market recorded transactions of 19.45 trillion yuan, equivalent to 3.06 trillion US dollars, in January, official data showed Friday.
Specifically, the transaction volume of the client market totalled 3.32 trillion yuan last month, while that of the interbank market was 16.13 trillion yuan, said the State Administration of Foreign Exchange.
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In terms of products, the cumulative transaction volume of the spot market was 6.52 trillion yuan, and that of the derivatives market was 12.93 trillion yuan in January.