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  • London maintains its commanding lead as largest foreign exchange centre

    Markets

    London has maintained its commanding lead as the world’s largest foreign exchange centre, holding nearly double the US’s share. According to the latest data from the Bank of International Settlements (BIS), daily foreign exchange trading in London reached $4,745bn this year, with its global market share of 38.7 per cent nearly twice that of the [...]

    London leads the way as the commanding foreign exchange centre

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