According to the statistics of the State Administration of Foreign Exchange (SAFE), the Chinese foreign exchange market (excluding foreign currency pairs, the same below) recorded total transactions of RMB 26.89 trillion (equivalent to USD 3.75 trillion) in November 2024.

In terms of markets, the transactions volume of client market was RMB 3.67 trillion (equivalent to USD 0.51 trillion), and the transactions volume of interbank market was RMB 23.21 trillion (equivalent to USD 3.24 trillion). In terms of products, the cumulative transactions volume of the spot market was RMB 9.47 trillion (equivalent to USD 1.32 trillion), and that of the derivatives market was RMB 17.41 trillion (equivalent to USD 2.43 trillion).

From January to November 2024, a total of  RMB 266.32 trillion (equivalent to USD 37.43 trillion) was traded in the Chinese foreign exchange market.