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SGX now clears non-deliverable ringgit, baht swaps

Tuesday, April 8, 2014 - 06:00

COMPANIES and banks who want to hedge their exposure between the Thai baht and Malaysian ringgit through non-deliverable interest rate swaps (NDIRS) are now able to do so directly at the Singapore Exchange (SGX), instead of going through their banks.The move benefits banks, which can take some

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