Singapore ranked as world's 4th largest foreign exchange center

People's Daily Online, 1 Sep 2010
A recent survey ranks Singapore as the fourth largest foreign exchange center in the world and the second largest foreign exchange center in Asia, after Tokyo, the Monetary Authority of Singapore said on Wednesday.
According to the latest survey by the Bank for International Settlements (BIS), average daily foreign exchange turnover in Singapore was 266 billion U.S. dollars during April 2010 compared to 242 billion U.S. dollars in April 2007. Full story