World’s Most Traded Currencies By Value 2012
Currency placement of tellurian unfamiliar sell marketplace turnover as of Apr 2011. The unfamiliar sell marketplace (forex, FX, or banking market) is a form of sell for the tellurian decentralized trade of general currencies.
Financial centers around the universe duty as anchors of trade between a far-reaching operation of opposite forms of buyers and sellers around the clock, with the difference of weekends. The unfamiliar sell marketplace determines the relations values of opposite currencies
World’s Most Traded Currencies:
1. United States, United States dollar USD ($) – 84.9%
2. European Union, Euro EUR (€) – 39.1%
3. Japan, Japanese yen JPY (¥) – 19.0%
4. United Kingdom, Pound argent GBP (£) – 12.9%
5. Australia, Australian dollar AUD ($) – 7.6%
6. Switzerland, Swiss franc CHF (Fr) – 6.4%
7. Canada, Canadian dollar – CAD ($) – 5.3%
8. Hong Kong, Hong Kong dollar HKD ($) – 2.4%
9. Sweden, Swedish krona SEK (kr) – 2.2%
10. New Zealand, New Zealand dollar NZD ($) – 1.6%
11. South Korea, South Korean won KRW (₩) – 1.5%
12. Singapore, Singapore dollar SGD ($) – 1.4%
13. Norway, Norwegian krone NOK (kr) – 1.3%
14. Mexico, Mexican peso MXN ($) – 1.3%
15. India, Indian rupee INR (INR) – 0.9%
Top 10 banking traders As of May 2011
1 Germany Deutsche Bank 15.64%
2 United Kingdom Barclays Capital 10.75%
3 Switzerland UBS AG 10.59%
4 United States Citi 8.88%
5 United States JPMorgan 6.43%
6 United Kingdom HSBC 6.26%
7 United Kingdom Royal Bank of Scotland 6.20%
8 Switzerland Credit Suisse 4.80%
9 United States Goldman Sachs 4.13%
10 United States Morgan Stanley 3.64%
Article Source: Celebrity
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