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Forex settlement volumes rise in August – CLS

Reuters – The average number of daily foreign exchange payment instructions rose in August from the previous month, data from FX settlement system CLS Bank showed on Friday.

The average volume of payment instructions was 589,446, with an average value of $3.33 trillion in August. Volumes were up 3 percent from 572,214 in July, although the average value was down 0.3 percent from $3.34 trillion the previous month, it said.

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