Dubai Gold Bourse Plans Four Currency Contracts to Boost Role
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The Dubai Gold and Commodities Exchange, a derivatives market, plans to list four currency futures contracts this year to help investors hedge their financial risk in China, Russia, South Korea and South Africa.
The Dubai government-controlled bourse expects to offer trading in renminbi, ruble, won and rand futures in the next three to six months, Gary Anderson, chief executive officer of the exchange, said in an interview today in Dubai.