LONDON - THE global economic crisis has driven investors to the forex markets where turnover has soared to a staggering four trillion dollars a day - equal to what Germany produces in a year. Overall, daily global foreign exchange market turnover grew 20 percent to some four trillion dollars (S$5.3 trillion) by April 2010 from 3.3 trillion dollars three years earlier, according to a Bank of ...
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UPDATE: BOE: UK Daily Forex Trading Volumes $1.747 Trillion In April
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FXstreet.com (Buenos Aires) Japanese yen strength continues firmly across the board, as the currency is being benefited by Chinas interest in JGBs (Japanese Government Bonds); early this year, China was rumored to have bought around Y541 billion of JGBs, for a cumulative Y 1.2762 trillion of purchases in the first five months of 2010, the vast majority of which is short-term JGBs with ...
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Beijing, Jul 11 (PTI) China's forex reserves surged by 15.1 per cent to USD 2.45 trillion at the end of June but the pace of growth decreased drastically compared to last year, apparently due to declining Euro, the central bank said today.
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Beijing, Jul 11 (PTI) China's forex reserves surged by 15.1 per cent to USD 2.45 trillion at the end of June but the pace of growth decreased drastically compared to last year, apparently due to declining Euro, the central bank said today.
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