06.09.2013 - Currency trade reaches $5.3 trillion a day amid yen turnover
Foreign-exchange trading surged to an average $5.3 trillion a day in April 2013, boosted by greater yen volumes, the Bank for International Settlements said. Trading increased 33 percent since the same period in 2010, the BIS said, citing a survey of currency traders it runs every three years. Thatís an acceleration from a 20 percent increase in the three years through 2010. The yen had the biggest jump in trading activity among major currencies, while the euroís role as the second-most traded currency was reduced. Emerging-market currencies increased their share, with the Mexican peso entering the top 10 most-actively traded currencies...............................................Full Article: Source
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