Singapore Nominated As Top Asia Pacific Location For FX Operations


SINGAPORE--Singapore is the most cost-effective location for siting Asia Pacific FX operations, according to a report released last week.

The study, undertaken by global management consulting firm, Gemini Consulting, entitled Asia Pacific Capital Markets Survey 1999, covers Singapore, Hong Kong, Tokyo and Sydney. It was compiled with the help of 12 major banks with FX operations in the region including Citibank and JP Morgan.

According to Gemini, the study is the first time that comparisons

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