Mainland foreign exchange market transactions hit record high

According to RTHK reports, total transactions in the mainland’s foreign exchange market hit a three-month high last month. Among them, the transaction volume of the bank-to-customer market was US$512.3 billion, a month-on-month increase of approximately 2.1%, and the proportion of total transactions fell by 1 percentage point to 13.7%. Last month, bank customer spot transactions fell to US$367 billion, a three-month low, a month-on-month decrease of 3%.

Foreign exchange market transactions hit record high

According to the latest data, the mainland foreign exchange market reached a new peak last month, indicating that market activity has increased. The transaction volume of the bank-to-customer market reached US$512.3 billion, an increase of 2.1% from the previous month.

Bank-to-customer spot transactions decline

Although the overall transaction volume has increased, bank-to-customer spot transactions have declined. Last month's spot trading volume was US$367 billion, a decrease from previous months, with a decline of 3%.

Market share changes

It is worth noting that the bank-to-customer market has seen certain changes in the proportion of total transactions. Although the transaction volume increased, its proportion in the total transaction ratio decreased by 1 percentage point to 13.7%.

• Increased activity in the foreign exchange market
• Bank-to-customer spot transactions decline
• Market share changes