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Global Forex Trading Hits $9.6 Trillion Daily Record, BIS Reports

The Bank for International Settlements confirms unprecedented daily trading volumes in the global foreign exchange market.

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Terms & Concepts
  • Foreign Exchange (Forex) Market: A global marketplace for exchanging national currencies against one another, enabling international trade, investment, and finance.
  • Bank for International Settlements (BIS): An international financial institution that serves as a bank for central banks and fosters financial stability globally.