LOOSE CHANGE

LOOSE CHANGE

Turnover of London's foreign exchange brokers rose by 37 percent in the first quarter from a year earlier, according to the latest available figures from the Bank of England.

However, the central bank said the increased turnover probably reflects greater activity in the foreign exchange market rather than an increase in the brokers' share of market turnover. It cited cross-currency transactions and trading in European Community currencies other than Deutsche marks and ECUs as the main sources