London Holds On To A Third Of Global Foreign Exchange Business
MARKET PROFILE
LONDON--London, the largest international centre for currency trading, is holding on to a third of a declining total of global FX trading, say currency market analysts.
They were commenting on the latest report on international financial markets in the UK published last week by BI (British Invisibles), a private body promoting the UK-based financial services industry.
The report produces no new figures for the size of the global FX market or the UK's share of it. But BI economics director Duncan
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