Changes and trends in the rand foreign exchange market
According to a Bank for International Settlements survey, rand growth in turnover was the slowest among the EM complex
31 March 2020 - 15:21
Since 1986, the Bank for International Settlements (BIS) has conducted the most comprehensive survey of the global foreign exchange markets. Its triennial survey measures the average daily turnover for the month of April every three years1. This piece focuses on trends in the trading of the rand in the global forex markets and compares them to the trends in eight other emerging-market (EM) currencies for which there was compulsory reporting in the survey2.
Trading volume growth..
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