Dollar Sibor may be dropped amid global rate-rigging probe

ROYAL BANK OF SCOTLAND PLC is among the financial institutions being analyzed by Singapore's central bank amid Libor and rate-rigging allegations.  / BLOOMBERG FILE PHOTO/SIMON DAWSON
ROYAL BANK OF SCOTLAND PLC is among the financial institutions being analyzed by Singapore's central bank amid Libor and rate-rigging allegations. / BLOOMBERG FILE PHOTO/SIMON DAWSON
SINGAPORE - Singapore’s central bank and a group of lenders are considering putting an end to the city-state’s U.S. dollar-linked interbank lending rate as regulators worldwide probe allegations of rigged benchmark borrowing costs, a person with knowledge of the matter said. Members of the Singapore Foreign Exchange Market Committee examined the proposal in a Jan.…
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