An updated Triennial Central Bank Survey by the Bank for International Settlements (BIS) confirms that south China’s Hong Kong Special Administrative Region remains the fourth largest global foreign exchange hub. Average daily FX turnover jumped 27.2% to $883.1 billion in April 2025, up from $694.4 billion in April 2022.
Hong Kong SAR also holds its title as the top offshore Renminbi business center. Daily Renminbi trading soared 64.8%, reaching $315.1 billion in April 2025 compared to $191.2 billion three years earlier.
On the OTC derivatives side, Hong Kong SAR saw $84.1 billion in average daily interest rate swaps activity during April 2025. U.S. dollar, Renminbi and Australian dollar contracts led the trading volume, highlighting the city’s pivotal role in connecting global markets.
These figures underscore Hong Kong SAR’s resilience and strategic importance in global finance. For investors, fintech innovators and policy makers, the data reveals shifting flows and the growing influence of offshore Renminbi liquidity.
As digitalization and emerging‐market dynamics reshape the FX landscape, Hong Kong SAR’s performance offers valuable insights for entrepreneurs, young professionals and travelers eyeing new opportunities in financial services worldwide.
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Hong Kong SAR remains 4th largest global foreign exchange center
cgtn.com
