Singapore’s share of global FX volumes grows to 7.9%, remains 3rd overall
The Monetary Authority of Singapore (MAS) announced today that Singapore remains the largest foreign exchange (FX) centre in the Asia-Pacific region and third largest globally after London and New York, according to the 2016 Triennial Central Bank Survey of the global FX and over-the-counter (OTC) derivatives markets by the Bank for International Settlements (BIS). The average…
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