foreign exchange

MAS launches Ubin+ to study cross-border FX settlement using CBDCs

It will study business models and create policy guidelines.

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.