SEOUL -(Dow Jones)- Average daily currency trading in South Korea rose 35% to $30.2 billion in 2006, largely because of increased trades of non-deliverable forwards and an active currency derivatives market, the Bank of Korea said Tuesday.
KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit was little changed against the US dollar in late trade Wednesday on mild short covering of the local unit ahead of the Chinese New Year holiday this weekend, dealers said.
SINGAPORE (XFN-ASIA) - The US dollar was mixed against other major currencies in afternoon trading here as the market braced for Federal Reserve chairman Ben Bernanke's testimony to a US Senate committee later today, dealers said.
Visiting customers in 135 countries is no small task, but for Interbank FX the effort is paying off. Next stop for Interbank FX (IBFX) is The Middle East forex Trading Expo in Dubai, March 1-2, 2007.
