Traders attempt currency manipulation

Traders attempt currency manipulation

Also in Germany: BaFin, the German securities regulator, said it found “concrete evidence” that traders attempted to manipulate the global currency market. This makes BaFin the first financial watchdog to confirm that suspicions of wrongdoing around currency manipulation in smaller national monetary units like the Polish zloty. “Raimund Röseler, the head of banking supervision at BaFin, said it had found evidence that 'multiple currencies' had been subject to attempted manipulation.” More than 15 authorities globally are said to be investigating the claims.

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