Please see commentary below on the Foreign Exchange (FX) market with data for the week-ended October 9, 2026. Table 1 compares weekly turnover for trades between banks (FMDQ Dealing Member (Banks)/Authorised Dealers) and their clients for the weeks-ended October 2 and 9, 2026. 

• In the FX Spot and Derivatives markets, the total turnover for the week-ended October 9, 2026, was $3,369.85 million, representing an increase of 98.58% ($1,672.88 million) from the $1,696.97million reported for the week-ended October 2, 2026. The week-on-week (WoW) increase in total turnover was jointly driven by the 98.37% ($1,605.66 million) increase in FX Spot transactions, which recorded a total value of $3,237.90 million compared to $1,632.24 million in the week-ended October 2, 2026, and the 103.85% (67.22 million) increase in FX Derivatives transactions (comprising FX Forward) for the week-ended October 9, 2026. (See Table 1)

     Table 1: Weekly FX Turnover Analysis