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Beware political risk on RMB; India promotes fintech innovation; Malaysia releases fresh guidelines for anti-money laundering; Thai central bank throws weight behind ESG
By killing its Excel-based accounting model for FX transactions, the Indian FMCG group has saved both time and the money lost through costly human-based errors.
Gross FX reserves for most Asian countries have stopped growing. CT asks the experts why this is happening and what are the market/policy implications?
The European debt crisis has deepened with Spain's borrowing costs surging and Greece unlikely to meet conditions of its aid package, which Asian currencies will be worst affected over the next year?
India recently announced measures to curb the Indian rupee’s unpleasant decline against the dollar. CT asks the experts whether this will have a positive effect or are India's authorities missing the point?