World News | China's Forex Market Turnover Down in May
Get latest articles and stories on World at LatestLY. China's foreign exchange market saw a turnover of 15.95 trillion yuan (about 2.38 trillion U.S. dollars) in May, down from 17.14 trillion yuan in April, official data showed Friday.
Beijing[China], June 24 (ANI/Xinhua): China's foreign exchange market saw a turnover of 15.95 trillion yuan (about 2.38 trillion U.S. dollars) in May, down from 17.14 trillion yuan in April, official data showed Friday.
Specifically, the turnover of forex transactions between banks and their clients totalled 3.17 trillion yuan, while that of interbank forex transactions stood at 12.78 trillion yuan, according to the State Administration of Foreign Exchange.
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In the first five months of the year, the country's forex market turnover totalled 90.76 trillion yuan, the data showed. (ANI/Xinhua)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)