According to data from the Bank for International Settlements, at a time when US President Donald Trump's tariff policy caused market turmoil, global foreign exchange volume soared to a record high this year, with an average daily transaction volume of 9.5 trillion US dollars in April. The bank released its quarterly assessment on Monday, citing triennial survey data as saying that the impact of tariffs was “substantial,” causing the US dollar to depreciate unexpectedly, while accounting for an average daily OTC transaction volume of more than 1.5 trillion US dollars in April. The report shows that overall foreign exchange trading volume increased by more than a quarter compared to the previous survey in 2022, and surpassed the estimated peak when the pandemic caused market turmoil in March 2020. The data was updated based on preliminary survey results released in September.

According to data from the Bank for International Settlements, at a time when US President Donald Trump's tariff policy caused market turmoil, global foreign exchange volume soared to a record high this year, with an average daily transaction volume of 9.5 trillion US dollars in April. The bank released its quarterly assessment on Monday, citing triennial survey data as saying that the impact of tariffs was “substantial,” causing the US dollar to depreciate unexpectedly, while accounting for an average daily OTC transaction volume of more than 1.5 trillion US dollars in April. The report shows that overall foreign exchange trading volume increased by more than a quarter compared to the previous survey in 2022, and surpassed the estimated peak when the pandemic caused market turmoil in March 2020. The data was updated based on preliminary survey results released in September.