foreign exchange
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
It will study business models and create policy guidelines.
SG retains its title as 3rd largest global FX centre
It ranked behind the United Kingdom and the United States.
UOB subsidiaries now cross-currency dealers in China, Indonesia
This makes UOB the first Singapore bank to hold this status in both markets.
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