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Credit Suisse foreign exchange revenues on the rise

Credit Suisse recorded a rise in foreign exchange trading revenues for 2004 in its annual results released last week.

Trading in foreign exchange products at the bank grew to Sfr1.38 billion last year up from Sfr964 million the previous year.

Forex trading revenues made up 30.36% of the trading revenues generated at the bank last year, which reached Sfr4.559 billion.

The bank also increased revenues from interest rate products trading, where it

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