Posted By Staff Reporter
![]() FOREIGN currency (forex) volumes from exporters declined in the first quarter of the year by 12.5 per cent, compared to the final quarter of last year, says a bank executive. Rohan George, the Bank South Pacific group general manager treasury, said the decline was due to seasonal factors such as price and production. George provided the observation in the bank’s quarterly market insight released yesterday. He highlighted the emerging trends in the forex market and trade on the back of the Covid-19 and the decline in commodity prices.
He also said that:
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