Home>Topics>>Exclusive: Singapore banks likely to drop Malaysia FX reference rate - source
Exclusive: Singapore banks likely to drop Malaysia FX reference rate - source
Reuters: Business News
Fri, 15 Mar 2013
SINGAPORE (Reuters) - Banks in Singapore will likely abandon their reference rate for the Malaysian ringgit, a person with knowledge of the matter told Reuters, handing a victory to Malaysia's central bank as it seeks to control and deepen its onshore currency market.
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