DBS Bank is a market leader in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund-raising. DBS bank is a leader in digital banking and are present in several markets including Singapore, India, Indonesia, Hong Kong, Taiwan and China. Notes: Telegraphic Transfer ("TT") rates and On Demand ("OD") are rates available involving foreign exchange. The TT rate is applicable to funds that has already been cleared with the Bank while the OD rate is applied otherwise.
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Home Welcome to DBS. Forex reserves hit a month high. To prevent irrational outbound investment, the China Insurance Regulatory Commission announced in January that shareholders of insurance firms are not allowed to interfere in the operation of insurance funds.
Measures to reduce leverage will also be introduced. Seasonal factors also played a role. Corporate dollar supply outweighed demand ahead of the Chinese Lunar New Year and discouraged investors from converting the Chinese yuan into foreign currencies. Looking forward, we expect foreign reserves to be broadly stable in Notably, the yuan has been stable amidst increased volatility from the global market sell-off this week.
Or have someone contact you. Get In Touch Call Us: Product Recommended Find selective products recommended for you. Day Week Month Year. Convert Currency Quickly convert any major currency. View information on FX. Research Library October 04, Own the world with 10 ETFs October 02, Macro Strategy October 04, Taiwan chart book — Policy remains neutral October 02, Chart of the Week: Drawing on our heritage in economic development, our corporate banking teams comprise of Asian industry experts with in-depth sectoral knowledge and hands-on experience.
You can count on our seasoned industry groups as you develop your business in dynamic Asia and beyond. Our industry specialists are on hand to be your partner and bring value to your business.
Discover how you can unlock cash trapped in your business. Convert receivables to cash immediately. Verify the authenticity of your Letter of Credit. Increase your turnaround time with customised financing and build your business.
Raise capital for complex real estate financing transactions throughout Asia. Reduce FX exposure and increase returns on your currency investments.
DBS underscores strong commitment to enabling customers to bank the way they live.
You may wish to seek your own independent financial, tax, or legal advice or make such independent investigations as you consider necessary or appropriate. Foreign exchange transactions involve risks.