Monday, 7 February 2011

DBS to launch yuan-denominated products in Singapore on Tuesday

SINGAPORE, Feb 7 (Reuters) - DBS, Southeast Asia's largest lender, will launch a suit of investment products linked to the Chinese yuan for retail investors in Singapore on Tuesday.


"The increasing internationalisation of the renminbi (yuan) in the global markets has put the currency in the spotlight, with rising demand from investors," DBS said. (Reporting by Kevin Lim)

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