According to the statistics of the State Administrationof Foreign Exchange (SAFE), the Chinese foreign exchange market (excludingforeign currency pairs, the same below) recorded total transactions of RMB 22.43 trillion (equivalent to USD 3.45 trillion) in March 2021.

In terms of markets, the transactions volume of clientmarket was RMB 3.22 trillion (equivalent to USD 0.49 trillion), and the transactionsvolume of interbank market was RMB 19.21 trillion (equivalent to USD 2.95 trillion). In terms ofproducts, the cumulative transactions volume of the spot market was RMB 8.70 trillion (equivalent to USD 1.34trillion), and that of the derivatives market was RMB 13.73 trillion (equivalent to USD 2.11 trillion).

From January to March 2021, a total of RMB 54.38 trillion (equivalent to USD 8.39 trillion) was traded in the Chinese foreign exchangemarket.