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    A good article to read:

    New Zealand's foreign exchange market turned over an average of $US7.5 billion ($NZ11.4 billion) per day, according to Reserve Bank survey published today.

    The triennial survey conducted in April of 2004 shows turnover rose sharply from the $US4.2 billion traded in April 2001, but is slightly down from $US7.6 billion in 1998.

    While turnover seems staggeringly high against the stock exchange for example, which turns over $100 million on a good day, the New Zealand forex market makes up a tiny fraction of the global market.

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