X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The foreign-exchange market proved its resilience to challenges ranging from tumbling profits to a rate-fixing scandal in figures published once every three years by the Bank for International Settlements.

Average daily trading dropped to $5.1 trillion in April, from a revised $5.4 trillion in the same month in 2013, the BIS said Thursday in its latest triennial survey of the currency market. If it hadn’t been for the dollar’s appreciation, that volume would actually have risen about 4%, according to the report. The use of swaps increased, widening its lead over spot trading, or dealing in the currencies themselves rather than derivatives.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.