UK Regulators Investigate Forex Rate-Rigging

Britain’s market supervisor is examining the reported manipulative practices in the forex rates. Earlier Bloomberg has reported that traders at some of the world’s leading banks have reportedly engaged in manipulative practices to rig forex rates. Regulators Seeking More Imformation On The Forex Rates Rigging Britain’s financial regulator said on Wednesday that The Financial Conduct Authority is talking to individuals in the foreign exchange market. The regulator is also seeking more information about claims on the forex rates rigging. The Financial Conduct Authority is reportedly considering opening a probe into the potential manipulation of the forex rates. The FCA is…