05.11.2008 - Currency derivatives may face curbs in Korea, China, Hong Kong

From Bloomberg: Asian regulators may limit currency derivatives after losses helped push the South Korean won to a decade low, led to lawsuits in India and caused shares of China's Citic Pacific Ltd. to collapse. South Korea will announce measures by December to restrict company purchases of the contracts to a percentage of overseas earnings, Hyeon Jung Gun, head of Korea's Financial Supervisory Services' derivatives market team, said. .... Full Article: Source

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