#Singapore hit by currency fixing claims - VIDEO

News - Singapore hit by currency fixing claims

bbc.co.uk 08 Feb '13, 2am

#Singapore hit by currency fixing claims - VIDEO

Non-deliverable currency forwards, or NDFs, are not a tool that many individual investors may be familiar with. But they have been getting a lot of attention recently, not least because they could be at the centre of the claims of a currency-rigging scandal in Singapore. They let traders buy and sell emerging market currencies, such as the Indonesian rupiah, the Malaysian ringgit or the Vietnamese dong. The NDFs are also used to limit or hedge risk in the currency markets. So what exactly is the problem and how will it affect Singapore, which is the second-biggest foreign exchange market in Asia? Sharanjit Leyl spoke to Jame DiBiasio, executive editor of FinanceAsia in Hong Kong.

Full article: http://www.bbc.co.uk/news/21377912#TWEET591102

Tweets

@kiatyyperryy » 08 Feb '13, 6am
RT @HeelChinnyChin: "@BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]"
@rafaelbigorra » 08 Feb '13, 5am
RT @BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link] @carmensuisse
@forexpro13 » 08 Feb '13, 4am
RT @dustyhor: Hmm.. More to come? RT “@BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]”
@dustyhor » 08 Feb '13, 4am
Hmm.. More to come? RT “@BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]”
@ikaparker » 08 Feb '13, 3am
"@BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]" WTH first match fixing, now this??
@cheery_miz » 08 Feb '13, 3am
Wow..from scandals to match fixing and now this? RT @BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]
@ACEconsJC » 08 Feb '13, 2am
RT @pzhiwen: "@BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]" #h1h2macro201314
@pzhiwen » 08 Feb '13, 2am
"@BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]" #h1h2macro201314
@forexpro13 » 08 Feb '13, 2am
RT @MBMNEWS_: #Singapore hit by currency fixing claims - VIDEO [link]
@MarioTravels » 08 Feb '13, 2am
#Singapore hit by currency fixing claims - VIDEO [link] via @BBCWorld
@IskandarFdz » 08 Feb '13, 2am
RT @BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]
@BBCWorld » 08 Feb '13, 2am
#Singapore hit by currency fixing claims - VIDEO [link]
@mikeyakatnt » 08 Feb '13, 2am
RT @BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]
@yb_silvis » 08 Feb '13, 2am
RT @BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]
@pwr2thppl » 08 Feb '13, 2am
RT @BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]
@SergioPrz1 » 08 Feb '13, 2am
RT @BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]
@Christianthemiz » 08 Feb '13, 2am
RT @BBCWorld: #Singapore hit by currency fixing claims - VIDEO [link]