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DBS China completes first RMB-SGD direct trade in China's interbank market

Published Tue, Oct 28, 2014 · 09:50 PM
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Singapore

DBS Bank (China) has completed its first RMB/SGD spot deal as an official RMB/SGD market maker.

The deal is also the first RMB/SGD deal in China's interbank market since the launch of direct RMB/SGD trading on Tuesday, the bank said.

Kyle Tan, DBS China's head of trading said: "Trading activities have been robust on the debut of RMB/SGD direct trading. DBS China has successfully completed the first RMB/SGD spot deal with a…

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