Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
After the State Bank of Vietnam’s (SBV) devaluation of the dong on January 7, CT asks FX strategists what similar FX moves Asia-Pacific treasurers should look for in 2015.
The People’s Bank of China cut the one year deposit lending rates and upper interest limits allowed to be offered on deposits above the benchmark rate; Bank Indonesia issued policies designed to support the ...
Singapore’s banks will cease publishing an offshore rupiah reference rate, treasurers with outstanding contracts will have to switch to the onshore rate.