State Administration of Foreign Exchange: In July, China's foreign exchange market traded a total of RMB 28.96 trillion

The Zhitong Finance App learned that on August 28, the State Administration of Foreign Exchange released an overview of China's foreign exchange market transactions for July 2026. According to data, in July 2026, China's foreign exchange market (excluding foreign currency pairs, same below) traded a total of RMB 28.96 trillion (equivalent to US$4.26 trillion). Among them, bank-to-customer market transactions amounted to 4.83 trillion yuan (equivalent to 0.71 trillion US dollars), interbank market transactions amounted to 24.13 trillion yuan (equivalent to 3.55 trillion US dollars); spot market transactions totaled 10.08 trillion yuan (equivalent to 1.48 trillion US dollars), and derivatives market transactions totaled 18.89 trillion yuan (equivalent to 2.78 trillion US dollars). From January to July 2026, China's foreign exchange market traded a total of 181.18 trillion yuan (equivalent to 26.34 trillion US dollars).

This article was selected from the “State Administration of Foreign Exchange”, Zhitong Finance Editor: Chen Siyu.