FX turnover surges 28% to nearly $10 trillion a day – BIS
Triennial survey finds euro has overtaken dollar in OTC interest rate derivatives market
Preliminary data from the Bank for International Settlements’ triennial central bank survey reveals that daily global FX turnover surged to $9.6 trillion in April.
The data, published today (September 30), marks a 28% increase relative to the $7.5 trillion daily turnover recorded in the previous survey, which was carried out in April 2022. The 2025 survey received responses from 52 jurisdictions and more than 1,100 banks.
Most of the growth came in the spot market and outright forwards, which saw
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