Royal Bank of Canada reports C$97 million in FX revenues for the fourth quarter, a 29 per cent increase over the same period a year ago. For the year, RBC reports C$343 million in FX earnings, up 20 per cent from 1994's C$287 million.

These figures include income from trading, as well as retail operations and its investment banking arm Dominion Securities.

A full report on Canadian bank earnings will appear in the FX Week December 18 issue, since the two remaining Canadian banks, Canadian

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