STATISTICS
STATISTICS
Bank Julius Baer reports income from foreign exchange and precious metals trading operations for 1997 of CHF97.5 million ($66.7 million), up 38 per cent from CHF70.6 million ($52.65 million) in 1996. The conversion rate for December 1997 was 1.4615 and for year-end 1996, the rate was 1.3410, according to Reuters.
The Chicago Mercantile Exchange reported total volume for combined currency futures trading in 1997 was up 17 per cent, with 24,983,009 contracts traded, versus the 1996 figure of 21
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