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 17.14 trillion (equivalent to USD 2.67 trillion) in April 2022.

In terms of markets, the transactions volume of clientmarket was RMB 3.56 trillion(equivalent to USD 0.55 trillion), and the transactions volume of interbankmarket was RMB 13.58 trillion(equivalent to USD 2.11 trillion). Interms of products, the cumulative transactions volume of the spot market wasRMB 5.88 trillion (equivalent to USD 0.91 trillion), and that of the derivatives market was RMB 11.26 trillion (equivalent to USD 1.75 trillion).

From January to April 2022, atotal of RMB 74.81 trillion (equivalent to USD11.75 trillion) was traded in the Chinese foreign exchange market.