Forex Rates Might Come Under Global Regulator Scrutiny – ValueWalk Premium

Forex Rates Might Come Under Global Regulator Scrutiny

Forex rates might be brought under a global regulator’s purview, amid concerns over the recent benchmark-rate setting scandal, reports Bloomberg.

Traders at some of the world’s leading banks have reportedly engaged in manipulative practices to rig forex rates. The banks’ employees have been accused of rigging WM/Reuters rates before and during . . .

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