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State Administration of Foreign Exchange: By January 2026, China's foreign exchange market will have a total trading volume of 27.54 trillion RMB.
According to statistics from the State Administration of Foreign Exchange, in January 2026, the total trading volume of China’s foreign exchange market (excluding the foreign currency pair market, hereinafter the same) reached 27.54 trillion yuan (equivalent to 3.93 trillion US dollars). Among them, the trading volume in the bank-to-customer market was 4.61 trillion yuan (equivalent to 0.66 trillion US dollars), and the interbank market had a trading volume of 22.93 trillion yuan (equivalent to 3.27 trillion US dollars); the spot market had a cumulative trading volume of 10.39 trillion yuan (equivalent to 1.48 trillion US dollars), and the derivatives market had a cumulative trading volume of 17.14 trillion yuan (equivalent to 2.45 trillion US dollars).