State Administration of Foreign Exchange: In August, the total turnover of China's foreign exchange market reached 26.94 trillion yuan.

16:39 27/09/2024

According to statistics from the State Administration of Foreign Exchange, the total trading volume of the Chinese foreign exchange market (excluding the foreign currency pair market) in August 2024 reached 26.94 trillion yuan (equivalent to 3.78 trillion US dollars).

According to statistics from the State Administration of Foreign Exchange, in August 2024, the total turnover of China's foreign exchange market (excluding foreign currency pairs market) was 26.94 trillion yuan (equivalent to 3.78 trillion US dollars). Among them, the bank-customer market turnover was 3.40 trillion yuan (equivalent to 0.48 trillion US dollars), and the interbank market turnover was 23.54 trillion yuan (equivalent to 3.30 trillion US dollars); the spot market had a cumulative turnover of 9.88 trillion yuan (equivalent to 1.39 trillion US dollars), and the derivatives market had a cumulative turnover of 17.06 trillion yuan (equivalent to 2.39 trillion US dollars). From January to August 2024, the cumulative turnover of China's foreign exchange market was 190.33 trillion yuan (equivalent to 26.76 trillion US dollars). This article is excerpted from the official website of the State Administration of Foreign Exchange, edited by GMTEight: Li Fo.

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100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.