FINANCIAL NEWS

Report: ME Forex trading surges 400% in 2 yrs

19 Aug 2010

(MENAFN) A report issued by Standard Chartered said that yearly foreign exchange (forex) trading volume in the Middle East has soared by 400 percent in the past two years, Khaleej Times reported.

According to the repoty, forex operation from regional headquarters at the Dubai International Financial Centre (DIFC) has the largest trading floor in the Middle East with over 200 seats and is the main liquidity provider for the Middle East local currency markets.

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