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BoE publishes results of October 2020 FX survey

Published on: 27 January 2021

Published by LNB News

LNB News 27/01/2021

Document Information

Issue Date: 27 January 2021

Published Date: 27 January 2021

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Bank of England (BoE) has published the headline results of its October 2020 survey of 27 financial institutions that are active in the UK foreign exchange market. The semi-annual survey found that average daily reported UK foreign exchange turnover was $2,582bn in October 2020. This represented a 7% increase on the $2,412bn turnover recorded in April 2020, and a 10% fall relative to the all-time high $2,881bn turnover recorded in October 2019.

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