By: Benzinga
February 19, 2013 at 15:23 PM EST
Singapore Dollar ETF Rises on Sibor Proposal
The brand new CurrencyShares Singapore Dollar Trust (NYSE: FXSG ) is trading modestly higher today on heavy volume following news that the Monetary Authority of Singapore and some global banks are mulling a plan to scuttle U.S. dollar Singapore interbank offered rate, or Sibor. The news was originally reported
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