You are here

BT EXCLUSIVE

Singapore banks' FX volumes surge on strong Asian growth

Sleepy G10 currency markets, volatile China and india markets, govt initiatives also cited as reasons for expansion

BT_20190422_LSFX_3759546.jpg
Mr Lim: "Digitisation of DBS' FX transactions was a key driver of the strong growth in FX volumes."

Singapore

SINGAPORE banks' foreign exchange (FX) volumes are gaining at a blistering pace as global flows pour into the region, attracted by its strong economic fundamentals.

The city's major banks report strong double-digit increases in their FX volumes, especially emerging market...

sentifi.com

Market voices on: