Singapore Corps Buy SGD Protection

27 Aug 2013

Singaporean exporters are buying 12-month U.S. dollar, Singapore dollar participatory or target redemption forwards with a 1.30 strike to hedge against weakening of the SGD.

Singaporean exporters are buying 12-month U.S. dollar, Singapore dollar participatory or target redemption forwards with a 1.30 strike to hedge against weakening of the SGD. A senior fx trader in Singapore said corporates are concerned the weakening of Asian emerging markets currencies recently could spread to SGD. The ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.