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Diversifying currency exposure

Investors should be alert to forex market volatility that could significantly affect their portfolio value, reports GENEVIEVE CUA
Wednesday, January 22, 2014 - 06:00
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- PHOTO: ARTHUR LEE

THE foreign exchange market, where one currency is valued against another, is by far the largest and most liquid market globally. Based on data by the Bank of International Settlements, global forex trading averaged US$5.3 trillion a day as at April last year, compared to US$4 trillion in 2010