SGX forex futures launch signals industry evolution

SGX
The verdict on foreign exchange derivatives in Asia has been much less definitive. Whereas the Reserve Financial institution of India is expected to place in spot a mandate for clearing foreign exchange forwards via an onshore central counterparty, other Asian regulators have even now not …
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India cbank: state oil businesses now sourcing all dollars from market place
Any additional funds raised underneath the foreign currency non-resident deposits or from banks&#39 Tier I borrowings will movement straight into the industry and not to the nation&#39s forex reserves. The Indian rupee trimmed gains and was trading at 62.22/23 to the …
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Gold rates up in Asia in buying after overnight dip, year-finish demand
Overnight gold rates hit a session minimal of USD1,214.90 a troy ounce and higher of USD1,225.forty a troy ounce in choppy trading on uncertainty more than the power of the November jobs report due out on Friday. On Wednesday … its trade stability. Demand …
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