Foreign exchange round-up: CLS adds shekel and Mexican peso…

CLS has added the Israeli shekel and Mexican peso to the 15 currencies it settles. "Bringing the benefits of CLS settlement to an ever wider community of stakeholders is central to our strategy of growing the value of CLS to the market. The local banking systems in Israel and Mexico will also experience the risk and efficiency benefits that CLS participation will bring, and we are very pleased to welcome these two new currencies to the CLS community," says Rob Close, chief executive of CLS Group.