CME: Offshore Renminbi single-day Trading Volume in September hit a historical high

On October 7th, Jin10 data reported that according to the Chicago Mercantile Exchange (CME) Group, the daily average Trading Volume of offshore RMB futures in September soared to 4,567 contracts, setting a new historical high; the daily average national value of offshore RMB rose 118% year-on-year to 457 million US dollars, also hitting a new historical high. Paul Houston, Global Head of CME forex products, believes that the fact has proved the steady demand for RMB products in the market this year.

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