BIS Releases Final Results Of Triennial FX Market Survey

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BASLE--The Bank for International Settlements has released the final report on its triennial survey of global FX market activity, which took place in April last year.

The results indicate that average daily turnover in the "traditional" global FX market, has grown by 46 per cent since the previous survey in 1995, once adjustments have been made for currency fluctuations against the US dollar.

The dollar strengthened against most world currencies significantly between 1995 and 1998--notably against

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