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Singapore ready to assist in global currency rigging probe

Posted on 25 October 2013

Singapore’s central bank said it was ready to assist in investigations into alleged manipulation of foreign exchange rates, potentially widening a probe in the $5.3 trillion-a-day FX market that already involves authorities in the United States, Britain, Switzerland and Hong Kong.
The announcement by the Southeast Asian city-state, the world’s third-largest FX trading centre after London and New York, comes just a week after Hong Kong said it was talking to foreign regulators and banks about the market rigging allegations………………………………………..Full Article: Source


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