BoE publishes semi-annual FX survey
Average daily reported UK foreign-exchange turnover in spot, outright forwards, non-deliverable forwards, and foreign-exchange swaps was $1.269 trillion in April 2009, a fall of 19%, notes the latest Semi-Annual FX Turnover Survey from the Bank of England.
The other findings of the survey are:
• Average daily reported UK turnover in other over-the counter foreign-exchange instruments was $87 billion in April 2009, a fall of 31%;
• combined average daily turnover in April 2009 was $1.356 trillion
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