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BNM Warns SGX About Offshore Ringgit Trade

10-Aug-17 09:15

BNM Warns SGX About Offshore Ringgit Trade

Bank Negara Malaysia has slammed the move to introduce ringgit futures on the Singapore Stock Exchange, saying it goes against Malaysia’s foreign exchange policy and rules. Stephen Innes, Head of Trading in Asia-Pacific at OANDA in Singapore weighs in on the issue.


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Tags:  NDFs,  Ringgit,  Offshore ringgit trading,  futures contracts


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