State Administration of Foreign Exchange: In March, the total turnover of China's foreign exchange market reached 26.99 trillion yuan.

17:05 25/04/2025

In March 2025, the total trading volume of the Chinese foreign exchange market (excluding foreign currency markets) reached 26.99 trillion RMB (equivalent to 3.76 trillion USD).

According to statistics from the State Administration of Foreign Exchange, in March 2025, the total trading volume in China's foreign exchange market (excluding foreign exchange market, the same below) reached 26.99 trillion yuan (equivalent to 3.76 trillion US dollars). Among them, the interbank market trading volume with customers was 3.77 trillion yuan (equivalent to 0.53 trillion US dollars), and the interbank market trading volume was 23.21 trillion yuan (equivalent to 3.24 trillion US dollars); the spot market accumulated a trading volume of 9.50 trillion yuan (equivalent to 1.32 trillion US dollars), and the derivative market accumulated a trading volume of 17.49 trillion yuan (equivalent to 2.44 trillion US dollars). From January to March 2025, the total trading volume in China's foreign exchange market reached 71.23 trillion yuan (equivalent to 9.93 trillion US dollars). This article is selected from the website of the State Administration of Foreign Exchange, edited by GMTEight: Jiang Yuanhua.

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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.