On April 4, 2022, the State Administrative Council (SAC) of Myanmar established the Foreign Exchange Supervisory…
Category: Foreign exchange
Send Foreign Currency Abroad for Illegal Trade: SBP
KARACHI: The State Bank of Pakistan (SBP) has stated that it is not permitted to send…
India’s foreign exchange reserve shrinks by $2.67 billion to $593 billion
India’s foreign exchange reserves fell by $2.67 billion to $593.28 billion for the week…
The Moodie Davitt Report -The Moodie Davitt Report
UK. ChangeGroup has been awarded a five-year contract as the exclusive foreign exchange services operator at…
Even the forex market is going a little crazy
Currency volatility is back. A JPMorgan Chase & Co. index measuring currency movements related to Group…
Exchange rate forecasts for the next 6 to 12 months: May 2022 update
ING Investment Bank Foreign Exchange Rate Forecast 2022-2023 – May 2022 update A series of Fed…
Economy cause for concern as foreign exchange reserves run low: Congress
Congress said on Saturday that the state of India’s economy is a cause for…
Everything you need to know about foreign exchange
Share this with more people! Read on to find out everything you need to know about…
Foreign exchange market – 46% of growth will come from North America | Driven by increasing urbanization and digitization
NEW YORK, May 10, 2022 /PRNewswire/ — The size of the forex market is expected to…
Sri Lanka runs out of gas as currency crisis deepens
Reuters Mon, May 9, 2022 2:03 PM Last updated on: Mon, May 9, 2022 2:11 PM…
Illegal foreign currencies predominate in western border towns of Rwanda – BNR – KT PRESS
The National Bank of Rwanda (BNR) revealed that problems with illegal currency and dollar transactions remain…
The rupee hits its all-time low; foreign exchange reserves below $600 billion
The rupee slipped to $76.97 in intraday trading on Friday, hitting an all-time low before bouncing…
Asian stocks and currencies tumble on rate hike, China Covid-19 woes
BENGALURU (6 May): Emerging Asian currencies tumbled on Friday (May 6), with the yuan hitting an…
Sri Lanka on the brink of bankruptcy as foreign exchange reserves fall below $50m
Sri Lankan Finance Minister Ali Sabry told parliament on Wednesday that the country’s usable foreign exchange…
Foreign currencies affected by illicit financial inflows – President of the IoDCCG
The continued decline in economic growth, business opportunities and social development in Africa and Nigeria has…
India accuses Xiaomi of currency violations in latest China clash
MUMBAI/NEW DELHI (BLOOMBERG) – India has accused Xiaomi of breaking the country’s foreign exchange laws and…
South Korea will stabilize the foreign exchange market
SEOUL (Reuters) – South Korea’s top economic policymaker said the government planned to take action to…
Global Foreign Exchange Services Market Impact Report with upcoming developments split across various regions and future business analysis
Our latest research report on the Foreign Exchange Services market shows how this market is evolving…
China Currency Exchange Center: Waiver of Interbank Foreign Exchange Market Transaction Fees Related to Foreign Exchange Derivative Transactions of Small, Medium, and Micro Enterprises
Updated 1 hour ago (GMT+8) EqualOcean The China Foreign Exchange Trading Center issued a notice on…
Here’s how to get the best exchange rates
Going on vacation abroad involves a lot of planning. From buying plane tickets, hotel reservations to…
THE ECONOMY AND FOREIGN EXCHANGE DYNAMICS
Despite CBN’s efforts to boast about currency inflows, fundamental challenges remain, writes Arize Nwobu The exchange…
India’s foreign exchange reserves down $311m to $603.7bn
The country’s foreign exchange reserves fell by $311 million to $603.694 billion in the week ending…
An introduction to the forex market
The foreign exchange (or forex) market is the largest financial market in the world, with an…
Currency forecasts for the next 6-12 months: April update from Nordea
Nordea Investment Bank 2022-2023 Foreign Exchange Rate Forecast – April 2022 Update The Federal Reserve’s series…
Exchange rate at the National Bank of Egypt on Tuesday
Exchange rates for most foreign currencies at the National Bank of Egypt fell on Tuesday, while…
RBI Article – The New Indian Express
By PTI MUMBAI: Rising foreign exchange reserves have reduced the cost of foreign borrowing as well…
Who are the participants in the foreign exchange market?
The market traditionally consists of large and small participants. Considerable are advised those involved in trading…
RBZ Currency Auction Injects $32 Million
By Alois Vinga The Reserve Bank of Zimbabwe (RBZ) currency auction this week allocated US$32.04 million…
Manufacturers will face shocks from rising diesel costs and currency illiquidity in Q2 – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has warned that as the second quarter of…
Ex-Xiaomi India chief Manu Jain summoned by ED in exchange probe
The Directorate of Law Enforcement (ED) has summoned a former Indian director of Chinese company Xiaomi…
Egypt’s inflation rate rose to 12.1% as the country’s foreign exchange reserves dwindled.
Egypt’s annual inflation rate hit 12.1% in March, official figures showed on Sunday, while the country’s…
India’s foreign exchange reserves fell by $11.17 billion, the biggest drop in history.
According to data from the Reserve Bank of India (RBI), India’s foreign exchange (forex) reserves fell…
Russia eases rules on currency purchases as ruble recovers
A view shows Russian ruble coins in this illustrative photo taken March 25, 2021. REUTERS/Maxim Shemetov/Illustration/File…
Foreign exchange student in Iowa leads efforts to help Ukrainians
BEAU: AN EXCHANGE STUDENT AT DALLAS CENTRE-GRESIM IS ONE OF MANY WHO HAVE ASKED GOVERNOR REYNOLDS…
foreign exchange: the Center asked to examine the PIL in search of a uniform bank code for foreign exchange transactions
New Delhi, the Delhi High Court on Tuesday directed the Center to seriously consider the issue…
Ukrainian foreign student worries about his family back home
Sofia Lobas is a second year student at SHS. She said she was grateful to everyone…
Appeals Filed as FX Class Action Continues on Opt-In Basis – DB & Derisking
In 2019, the European Commission found that merchants employed by banks, who were involved in spot…
CBSL suspends stockbroker’s license due to higher rates
COLOMBO (News 1st); The Central Bank of Sri Lanka has decided to temporarily suspend the license…
Cash Forex Group: The world of foreign exchange becomes much easier with CFX
the Cash Forex Group is a Forex trading platform developed by a team of people who…
Foreign exchange losses weigh on the interim financial performance of Zimplats
Impala Platinum Group company, Zimplats, reported a 32% year-over-year decline in net profit to $170.68 million…
Japanese law prohibits confiscation of foreign exchange reserves of Russian central bank: minister
The law does not allow the confiscation of gold and currency reserves of foreign central banks…
Forex Market Size, Development Data, Analysis and Growth Forecast 2022 to 2028 – JPMorgan Chase, Citibank, Deutsche Bank, Barclays, Bank of America Merrill Lynch, BNP Paribas, Goldman Sachs, HSBC, Royal Bank of Scotland, UBS
the Exchange The market is globally one of the leading markets involving the development of innovative…
FX Software Market Outlook by 2022-2029
New Jersey, United States,- Market Research Intellect Released Latest Research Paper on Foreign Exchange Software Market…
Dangote fertilizer will reduce FX pressure on naira, says Buhari – The Whistler Nigeria
President Muhammadu Buhari said the Dangote fertilizer plant located in the Lekki Free Trade Zone would…
India’s foreign exchange reserves fell by $9.64 billion, the most in two years
India’s foreign exchange (forex) reserves fell by $9.646 billion to $622.275 billion in the week ended…
Revisiting the CBN Retail Foreign Exchange Policy
Oludare Mayowa Posted March 18, 2022 Many Nigerians who depend on banks to meet their foreign…
Foreign Exchange Services Market Development by Outlook 2022 Companies – Inc, GAIN Capital, Citibank, American Express Company, Western Union Holdings and Bank of America Corporation
The recent document on the Exchange services market offers a statistical overview of key aspects of…
Foreign exchange software market analysis by 2022-2029
New Jersey, United States,- we published research papers for “Global Foreign Exchange Software Market Report, Trends…
Forex reserve: The country’s foreign exchange reserves increased to $631 billion, there was a drop in the gold reserve
Foreign exchange reserves: The country’s foreign exchange reserves increased by $394 million to $631.92 billion in…
The gross foreign exchange reserve fell by 16.2%
The gross foreign exchange reserve fell by 16.2% KATHMANDU: The gross foreign exchange reserve decreased by…
Georgia’s central bank sells $39.5 million in currency auction
The National Bank of Georgia (NBG) offered USD 50 million at Wednesday’s currency auction of which…
Korean companies exposed to foreign exchange losses
Korean companies face foreign exchange losses as the Russian government and their Russian business partners would…
Colombo Port City will pull Sri Lanka out of currency crunch – Reuters
Senior officials say the economy will start reaping the…
Weak Currency Orders: Fleming
BY MELISHA YAFOI The sharp and rapid increase in fuel prices over the past 6 months…
India loses $80 billion in foreign exchange due to students choosing to study abroad
Apart from the brain drain with most of the good students in the general category preferring…
Due to a decline in foreign currency holdings, India’s foreign exchange reserves fell by $1.425 billion.
According to Reserve Bank data released on Friday, India’s foreign exchange reserves fell by $1.425 billion…
Foreign exchange affects the market – Post Courier
BY PATRICK TOM Supply to the domestic market remains impacted by the current shortage of foreign…
Russia’s large foreign exchange reserves could pose a problem for financial markets.
Russia holds vast foreign exchange reserves, much of which is held overseas, which could upset currency…
Global Foreign Exchange Services Market 2021 Segment Analysis by Major Key Players – American Express Company, Western Union Holdings, Inc, Capital One Financial Corporation
Global Foreign Exchange Services Market from 2021 to 2027 has a new research paper from MRInsights.biz.…
Coping with Lanka’s currency crisis | Print edition
Public. There are many debates these days about why Sri Lanka should or should not seek…
Exchange Program Needs Host Families in Southwest Montana | ABC Fox Bozeman
BOZEMAN, Mont. – An exchange program abroad is looking for families to host international high school…
Sri Lanka imposes power cuts as currency crisis deepens, Energy News, ET EnergyWorld
COLOMBO: Sri Lankan authorities are imposing staggered power cuts as the country continues to suffer the…
Sri Lanka runs out of cash to buy fuel as currency crisis deepens
Earlier this month, Sri Lanka purchased 40,000 metric tonnes of diesel and gasoline from India’s major…
Pakistani government ‘plans’ to borrow people’s gold for currency crisis
The government led by Prime Minister Imran Khan is considering a proposal to borrow…
Foreign Exchange Services Market Development, Growth, Trends, Demand, Share, Analysis and Forecast 2026
Global Foreign Exchange Services Market research report’s latest addition to…
SBP reserves fall from $241m to $17.09bn
CARACHI: Foreign reserves held by the central bank fell 1.4 percent on a weekly basis, according…
Finsure confirms deal with foreign exchange fintech
The partnership will introduce a new avenue for the aggregator’s broker network to move money overseas.…
Exchange rate: the markets are preparing for war
Headlines over the weekend focused on an impending war in Ukraine. Biden caused panic with Friday’s…
Harsha calls for dialogue between the government. and opposition on the serious currency crisis – The Island
by Dr. U. Pethiyagoda It seems the “Going Organic” tale has lost its novelty and glamor…
Nigeria’s foreign exchange deficit can only be solved by the cocoa economy, says CFAN president
As the country loses N60 billion a year due to lack of LID Kuni Tyessi in…
CBN to stop selling currencies to banks by end of 2022, days after IMF told it to ditch exchange rate
The Central Bank of Nigeria has announced its intention to stop selling foreign exchange to commercial…
Foreign exchange reserves are depleting alarmingly
Foreign exchange reserves are depleting alarmingly Reserves can only support imports for six and a half…
NEXON: Opinion on the recording of non-operating income (foreign exchange gain)
February 8, 2022 Company Name: NEXON Co., Ltd. Representing: Owen Mahoney, Managing Director, CEO and President…
How the high exchange rate boosts local leather production
With the campaign for more patronage for made in Nigeria products, many people have ventured into…
The Thai baht dominates Asian currencies; Philippine peso slides as inflation falls
BENGALURU (4 Feb): Most Asian currencies strengthened on Friday (4 Feb) against an overall weaker US…
BSP Financial: Forex revenue up 9.8%
Currency (FX) liquidity and the kina performed well in the last quarter of 2021, with high…
bne IntelliNews – Romania’s foreign exchange reserves up 8.2% in December-January
The foreign exchange reserves of the National Bank of Romania (BNR) increased by 2.6 billion euros…
Pacific foreign exchange reserves: increase during the pandemic
Many, but not all, developing countries have suffered a loss of foreign exchange reserves as a…
Economic Survey, 2022: India’s foreign exchange reserves swell to US$634 billion
News oi-Kuntala Sarkar | Posted: Monday January 31st 2022, 11:30 PM [IST] Economic survey of India…
Dhammika’s seven-pronged strategy to overcome SL’s currency crisis – The Island
Mr Dhammika Perera, the controlling shareholder of Hayleys Group and a host of other listed companies…
Foreign exchange reserves fall to 634.287 billion dollars
The country’s foreign exchange reserves shrank by $678 million to $634.287 billion in the week ending…
In brief: Papua New Guinea’s foreign exchange reserves are growing and other business stories
The head of the bank comments on the improvement in exchange rates at the end of…
JPMorgan Chase, Citibank, Deutsche Bank, Barclays – The Oxford Spokesperson
Research experts from MRI Accuracy Reports have written a brand new report on Exchange which will…
Competitive Dynamics and Global Outlook 2026
Growth forecast on the ‘share of the size of the foreign exchange market | Industry Segment…
In 2021, my country’s foreign exchange receipts and payments will be stabilized, and banks will show a “double surplus” in foreign exchange settlement and sales_Wang Chunying_Investment and financing_Cross-border
Home » Economy » In 2021, my country’s foreign exchange receipts and payments will be stabilized,…
Tourist hotels in Sri Lanka have been told to only accept payment in foreign currency
ECONOMYNEXT – Tourists visiting Sri Lanka are encouraged to pay for hotels in foreign currencies instead…
SBP reserves drop from $562m to $17.04bn
CARACHI: Foreign reserves held by the central bank fell 3.2 percent on a weekly basis, according…
Tourist establishments invited to accept only foreign currencies
Registered tourist establishments have been instructed to only accept foreign currency for services rendered to persons…
WATCH | Thieves get away with stolen money from a Limpopo money changer
Three men allegedly stole an undisclosed sum of money from the Inter Africa Bureau de Change…
Forex firm revenue rises during lockdown – ARAB TIMES
WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, Jan. 17: According to official figures, foreign exchange companies…
The forex market turns to Powell and the Federal Reserve
Ciprian Alexandru/iStock via Getty Images Are we seeing a shift in market expectations regarding Federal Reserve…
Rising inflation, lower remittances and depletion of foreign exchange reserves
Rising inflation, lower remittances and depletion of foreign exchange reserves Bank of Nepal Rastra, Baluwatar. (File…
Sri Lanka’s currency crisis is aggravated by China’s debt trap diplomacy
NNA | Update: January 13, 2022 01:05 STI Colombo [Sri Lanka], Jan 13 (ANI): Sri Lanka’s…
DeFinity Records World’s First Live Cash Foreign Exchange (FX) Transaction On Its Layer 1 Blockchain Without Authorization
LONDON, January 12, 2022 / PRNewswire / – DeFinity, an ECN and DeFi institutional digital asset…
Sri Lankan opposition politician hit by fake quote on currency crisis
Copyright AFP 2017-2022. All rights reserved. The Facebook posts claim to share a quote from the…
China’s foreign exchange reserves reach $ 3.25 trillion, peaking in 6 years
A staff member counts the banknotes at a bank in Qionghai, southern China’s Hainan province. (Photo:…
Foreign exchange reserves fell from $ 1.466 billion to $ 633.614 billion, according to Data
FCA fell $ 1.48 billion to $ 569.889 billion in report week, RBI data shows The…
Information Note on the Official Gold and Foreign Exchange Reserves of the Reserve Bank of South Africa as of December 31, 2021
PO Box 427 Pretoria 0001 South Africa 370 Helen Joseph Street Pretoria 0002 +27 12 313…
Foreign Exchange Margin Trading Market Size, Scope, Forecast to 2029
New Jersey, United States, – The latest report published by Verified Market Reports shows that the…
Most Asian Currencies Fall, Thai Baht Tends To Hit High In Two Weeks
BENGALURU (Jan 4): The Thai baht strengthened to a more than two-week high on Tuesday (Jan…
2021 Foreign Exchange Software Market Size Analysis by Major Key Players
New Jersey, United States, – The Global Currency Exchange Software Market report comprises an in-depth analysis…
CIBC Exchange Rate Forecast 2022-2023
Short-term gains, but the US dollar is expected to peak in 2022 Euro on the defensive…
The Central Bank to put online foreign exchange applications
Barbados banks and their customers will soon be able to transact in foreign currencies more quickly.…
Norges Bank foreign exchange transactions in January 2022
Press release Norges Bank foreign exchange transactions in January 2022 Norges Bank will sell foreign currency…
Sri Lanka increases its foreign exchange reserves thanks to the lifting of the Chinese swap
Colombo, Dec.29 (Reuters) – Sri Lanka raised its official foreign exchange reserves to around $ 3.1…
CBSL increases mandatory currency sales to 25% – The Island
With deteriorating foreign exchange reserves By Hiran H. Senewiratne The Colombo Stock Exchange (CSE) is in…
To review exchange rate policy in 2020, group begs CBN – Blueprint Newspapers Limited
The Center for the Promotion of Private Enterprise, an economic think tank, advised the Central Bank…
Foreign exchange reserves decline from $ 160 million to $ 635.67 billion
The week before, reserves declined $ 77 million to $ 635.828 billion. The country’s foreign exchange…
SBP’s reserves drop from $ 415 million to $ 18.15 billion
KARACHI: Foreign exchange reserves held by the central bank fell 2.23% on a weekly basis, according…