Are Asian central banks easing up on derivatives?

This article looks at the relaxation of restrictions on credit derivatives in Asian markets by central banks. Although these countries have traditionally blocked such instruments for fear of harming their exchange rates looser controls may lead to massive potential for development in markets such as China.

First published by Reuters, 10 April.

Asia's central banks have a reputation for being control freaks.

Known for their iron fist in markets, where many have blocked new financial instruments for

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