AUSTRALIAN CURRENCY TRADING SET RECORD IN JANUARY
Spot volume in the Australian foreign
exchange market jumped to a record 22.63 billion dlrs a day in
January from 16.18 billion in December and 8.27 billion a year
earlier, the Reserve Bank said in its monthly bulletin.
    The previous record was 17.51 billion dlrs last August.
    The peak broke a steady trading trend of 15 to 17 billion
dlrs a day seen in the second half of 1986.
    Including forward deals, total deliverable volume was 27.01
billion dlrs a day (13.43 billion against the Australian
dollar) against 19.56 billion (8.48 billion) in December and
9.92 billion (5.88 billion) a year earlier, the bank said.
 REUTER
