Bank Of Canada Releases Details Of Its FX Survey
BANKS
The Bank of Canada released the details of its April foreign exchange survey last week in its quarterly review. Canada, which ranks about eleventh among FX trading centers with daily average turnover of about $22 billion, posted the sixth largest percentage volume gain over 1989 results among central banks reporting.
Many of the trends underlined in other surveys also showed up in the Bank of Canada data. Spot trading, for instance, grew 31 percent on the whole, but only about 13 percent in the
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