FX risk tools grow as intra-Asia trade and investment soars
Intra-regional surge
Investors poured money into the Asia-Pacific region in 2010. The relative strength of Asian economies made investment in Asia highly attractive compared with Europe and the US. Against this general backdrop, Asian investors increasingly put their money directly into the region rather than allocating funds to investment houses based in the US or Europe, which often invest the money straight back into emerging markets, as many local investors believe they have as much, if not more, local knowledge
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