FMDQ Foreign Exchange Market Analysis Report for Week-Ended August 14, 2026

Kindly see commentary below on the Foreign Exchange (FX) market with data for the week-ended August 14, 2026. Table 1 compares weekly turnover for trades between banks (FMDQ Dealing Member (Banks)/Authorised Dealers) and their clients for the weeks-ended August 7 and 14, 2026.

In the FX Spot and Derivatives markets, the total turnover for the week-ended August 14, 2026, was $2,054.89 million, representing a decrease of 44.90% ($1,674.55 million) from the $3,729.44 million reported for the week-ended August 7, 2026. The week-on-week (WoW) decrease in total turnover was driven by the 46.98% ($1,740.44 million) decrease in FX Spot transactions, despite the 263.56% ($65.89 million) increase in FX Derivatives transactions for the week-ended August 14, 2026 (See Table 1)

The WoW increase in FX Derivatives turnover was driven by the 263.56% ($65.89 million) increase in FX Forwards turnover

Table 1: Weekly FX Turnover Analysis

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