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RMB Surpasses HKD for First Time to Become Hong Kong's Largest FX Trading Currency Pair
2026-08-13 14:44:57 The Treasury Markets Association announced the results of its semi-annual survey of Hong Kong's foreign exchange market. In Apr 2026, the average daily turnover of Hong Kong's foreign exchange market reached USD908.2 billion. Among them, USD/RMB trading volume surpassed USD/HKD for the first time, becoming the most actively traded currency pair in the Hong Kong market. In Apr, the average daily turnover of USD/RMB reached USD274 billion, accounting for 30.2% of all foreign exchange transactions in Hong Kong, exceeding the USD240.2 billion turnover of USD/HKD, which accounted for 26.4%. Among them, USD/offshore RMB transactions amounted to USD259.2 billion, becoming the main driver.(ha/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |