foreign exchange
South Korea daily FX turnover hit all-time high in Q1
Increased demand for cross-border transactions of securities drove the growth.
South Korea daily FX turnover hit all-time high in Q1
Increased demand for cross-border transactions of securities drove the growth.
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
It will study business models and create policy guidelines.
UOB subsidiaries now cross-currency dealers in China, Indonesia
This makes UOB the first Singapore bank to hold this status in both markets.
South Korea mulls normalizing eased rules on banks’ FX derivatives: report
The country relaxed rules in March amidst a severe dollar crunch.
Refinitiv launches electronic trading service in Indonesia
This is the country’s first interbank electronic marketplace for the trading of rupiah.
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1. BNY appoints Fabian Khoshbakht as head of APAC treasury services 2. The Access Bank UK Limited officially opens Hong Kong branch 3. Trust Bank, Income Insurance rolls out new travel insurance 4. OCBC demonstrates intraday institutional lending capabilities 5. BIS, central banks embed regulatory compliance in cross-border paymentsResource Center
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