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Table 3.3 – Most traded currencies by market share

Оглавление

Emerging market (EM) currencies are still traded in relatively small size, accounting between them for less than 20% of total transaction volume. Notable within this group are India, Korea, Taiwan and China. EM is an area of expected growth for the future, especially if China adopts a flexible exchange rate system for the renminbi (CNY). In the 2010 figures USD/CNY accounted for only 0.8% of daily turnover.

Foreign Exchange: The Complete Deal

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