The forex market ran out of steam in autumn, and traded volumesdropped again to last year's level, when they had plummeted from2008, after having seemed to pick up in spring.
Dealers say, though, that recent euro zone turmoil has brought arising interest in trading, considering the Bucharest market isdominated by foreign players.
In November, a little more than 33bn euros were traded on the forexmarket, up 17% from the same month of last year. In August, thegrowth pace had amounted to almost 60%, also owing to the lowcomparison base and then had slowed down significantly to 9% inOctober.
However, the first 11 months show 2010 stands clear chances oflooking better than 2009 in terms of traded volumes. With a monthlyaverage of almost 33bn euros (posted in the first 10 months), thetotal volume of deals is likely to climb to 396bn euros this year,from 352bn euros in 2009.
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