In April 2019, the Reserve Bank conducted a survey of activity in foreign exchange and over-the-counter
(OTC) interest rate derivatives markets in Australia. This was part of a global survey of 53 countries,
coordinated by the Bank for International Settlements (BIS). Similar surveys have been conducted every
three years since 1986.
Globally, the Australian dollar remains the fifth most traded currency, and its share of turnover was
largely unchanged at around 7 per cent. The AUD/USD remains the fourth most traded currency
pair, accounting for a similar share of global turnover as in the previous survey in April 2016.
Activity in Australia’s foreign exchange market hasRead More »