NZ dollar remains world's 10th most traded

Mon, 16 Sep 2019

By Jenny Ruth Sept. 17 (BusinessDesk) - The New Zealand dollar remains the world's 10th most actively traded currency, a place it has held since 2010. The US dollar is the world's most traded currency, accounting for 88.3 percent of all trades, followed by the euro with 32.3 percent and the Japanese yen with 16.8 percent – the total adds up to 200 percent, rather than 100 percent, because there are always two currencies involved in each trade. The New Zealand dollar's share came in at 2.1 percent, up from 1.1 percent in 2010, although...

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