Singapore has maintained its position as the biggest currency trading hub in Asia-Pacific based on the latest surveys. Photo: AP Photo
Pandemic shrinks foreign exchange trading in major hubs but Singapore, Tokyo grab market share at Hong Kong’s expense
- Trading in Hong Kong dropped 7.8 per cent in April from October; Singapore, Tokyo charted growth
- London and New York recorded the biggest declines in April survey, according to semi-annual market reports published on Monday
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Foreign exchange market
Singapore has maintained its position as the biggest currency trading hub in Asia-Pacific based on the latest surveys. Photo: AP Photo