Far East FX Survey Underlines Rise In Asian Banking Skills

BANKS

Asian banks are acquiring skills and markets in which to rival global service banks in both the Far East and Australia's interbank and corporate markets, according to a poll conducted by the monthly magazine Asia Money & Finance. The poll ranked participants in terms of performance in major currencies and derivatives.

Its 1992 forex poll, the first of the current season, and not without controversy, was based on a sample of 130 replies from corporates and 111 from banks in Singapore, Hong Kong

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