China: Forex market income drops – MENAFN.COM

(MENAFN)Official statistics revealed that China’s foreign exchange (forex) marketplace hit an income of 18.46 trillion Yuan (about USD2.85 trillion) in January.

According to the State Administration of Foreign Exchange, the number dropped from 22.64 trillion Yuan in December 2020.

Specially, the income of forex transactions between banks and their clients hit 3.11 trillion Yuan last month, while that of interbank forex transactions hit 15.34 trillion Yuan.

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