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Average daily forex market turnover at record high in April

Published Wed, Jul 27, 2016 · 09:50 PM
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Singapore

AVERAGE daily reported turnover in the overall foreign exchange market in Singapore hit a record high in April this year.

Some US$507 billion were traded in April, a 26 per cent increase from October 2015, the Singapore Foreign Exchange Market Committee (SFEMC) said in a release on Monday.

These were detailed in the results of a semi-annual survey of foreign exchange volume her…

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