Commentary: How will money changers fare in a world of multi-currency apps?

  • None--CNA
  • published date: 2023-11-20 22:00:00 UTC

Thinking of buying Japanese yen or Malaysian ringgit while exchange rates are good? Even with the rise of popular apps like Wise or YouTrip, money changers still have a role to play, says Singapore Management University Assistant Professor of Finance Aurobind…

But there are also downsides to using apps and multi-currency cards. In the event of the loss or theft of our belongings, we would have to go through the process of cancelling credit cards or freezin… [+1532 chars]