Global foreign exchange trade jumps more than a third in 3 years to $5.3 trillion a day: BIS

Trading in foreign exchange markets jumped by more than a third in the past three years to $5.3 trillion a day, or around 90 percent of Japan’s entire annual economic output, a leading central bank survey showed on Thursday. The three-yearly survey by the Bank for International Settlements showed…

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Global foreign exchange trade jumps more than a third in 3 years to $5.3 trillion a day: BIS

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