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Global forex market resillient

February 16, 2009

SYDNEY, Feb 16 (Reuters) - Turnover in global foreign exchange remains resilient with the market staying liquid in all but the most intense days of the financial crisis, an official at the Reserve Bank of Australia (RBA) said on Monday. Chris Ryan, head of the central bank’s international department, estimated that total turnover in the forex market had dipped by 5 percent in the six months to …

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