The figure represents a decrease of 19.2 per cent from $551.48 million reported for the week ended September 1, 2023. According to the exchange, the week-on-week decrease in total turnover was driven by the 19.25 per cent decrease in FX spot turnover, despite the 15.28 per cent increase in FX derivatives turnover.
Also, in the FX Spot market, the total value of transactions for the week ended September 8, 2023, was $444.75 million, representing a decrease of 19.25 per cent from the value of transactions executed in the week ended September 1, 2023