Building on a strong performance in 2004, foreign
exchange turnover continued to reach new highs
in 2005, with average daily trading volume rising
by 9.7% to US$170 billion. The first quarter
of 2005 saw strong turnover, with a significant
jump in trading activity from the previous quarter.
The market continued to attract record volumes
not seen since 1997, with the latest figure standing
at US$185 billion in the first quarter of 2006.