UOB announced two new solutions last week to help firms in China better hedge their FX exposure for transactions denominated in international currencies.
Bank Negara Malaysia's stance may harm the ringgit but will have little influence on trading in Singapore or the attitude of offshore investors, experts argue.
After much consternation over controversial new hedging laws, Malaysia's central bank has further clarifies (again) its position on what corporates can and cannot do. The rules are now live.