OCBC Bank: Central banks in Asia need to comprehensively utilize intervention measures to slow down the depreciation of the MMF.

On December 20, Glonghui reported that OCBC Bank Forex Analyst Christopher Wong noted that most Asian currencies are trading near their respective lows against the US dollar. The US dollar is close to 1450 against the Korean Won, above 7.30 against the offshore RMB, above 157 against the Japanese Yen, and has reached a historical high of over 85 against the Indian Rupee. Most ASEAN Forex currencies, including the Philippine Peso and Indonesian Rupiah, have declined by 4-5% year-to-date. Central banks across the region are strengthening their rhetoric. For policymakers, going against the strength of the US dollar may present challenges. In this

Gelonghui FinanceDec 20 18:06

XTransfer has collaborated with OCBC Bank to launch a brand new Global multi-currency account.

The China B2B foreign trade financial platform XTransfer and OCBC Bank have announced a partnership to launch a new Global multi-currency account. OCBC Bank in China will assist in leveraging its extensive network and service resources in key markets such as Singapore, Hong Kong, Malaysia, and Indonesia, to jointly expand international Business with XTransfer, providing one-stop cross-border financial solutions for small and medium-sized enterprises engaged in international trade, including payment, currency exchange, risk management, and wealth management.

AASTOCKSDec 20 17:56

SG Movers for Friday: Singtel Was the Top Gainer

Futu NewsDec 20 17:20

Singapore Shares Open 0.5% Lower, Weighed by Bank, Property Stocks -- Market Talk

WSJDec 20 09:13

Express News | Singapore stocks open: The FTSE Singapore Straits Index fell about 0.5%, HongkongLand USD and UOB fell over 1%.

BreakingsDec 20 09:02

Singapore Shares Edge Lower, Weighed by REITs -- Market Talk

WSJDec 19 17:46