BRIEFS

- By FX Markets Staff
- @FXMarkets_
- 07 Feb 2000

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Taiwan Releases FX Turnover

Taiwan's central bank announced on February 2 the daily turnover of foreign exchange in December as $3.96 billion.

Of the daily turnover in December, 22.4 per cent was $/Y and 10.5 per cent $/E.

Spot trading accounted for 67.8 per cent of the total turnover, cross-currency swaps came to 15.3 per cent, forward trading 7.5 per cent, margin trading was 1.4 per cent and options and futures was 8 per cent.

Two German Coop Banks To Merge

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