November 25, 2022: The Treasury Management Division of the National Bank of Pakistan (NBP) released the…
Category: Foreign exchange
Naira Gains in Forex Market Amid Rising Interest Rates
After a tough exit in the second half of 2022, the Nigerian Naira is consolidating its…
BOJ provides growth outlook: FX market remains…
(MENAFN-Caribbean News Global) By Douglas McIntosh KINGSTON, Jamaica, (JIS) – The Bank of Jamaica (BOJ) says…
Foreign exchange market imbalance has kept the Nigerian capital market in a depressing state – Expert
Tajudeen Olayinka is an expert in financial engineering, investment banking and securities market. He is also…
Nigeria: Cement companies report widespread foreign exchange losses
The Nigerian industrial sector accessed $4.4 billion from the Central Bank of Nigeria (CBN) to finance…
Unauthorized foreign exchange activities: SBP launches the “Whistle Blowing Forum” – Business & Finance
KARACHI: The State Bank of Pakistan (SBP) on Friday launched the Whistle Blowing Forum for the…
Meet Patrick Kavanagh, co-founder of Foreign Exchange Company: Atlantic Money
When my co-founder, Neeraj Baid, and I first moved to London, we used sophisticated exchange tools…
SBP and FIA launch joint action against illegal money changers – Markets
The State Bank of Pakistan (SBP) and the Federal Investigation Agency (FIA) have jointly launched an…
Foreign exchange reserves reach $543 million
END OF REFUSAL: The central bank eased its intervention in the local foreign exchange market by…
foreign exchange reserves: India’s foreign exchange reserves finally jumped by $6.56 billion to break two weeks of fall
India’s foreign exchange reserves recorded their biggest weekly jump since September 2021 and also rose for…
Focus on foreign exchange reserves
. Who owns the US debt? (Source: CSIS China Power) You have probably read or heard…
How Forex Markets Work
Foreign exchange, forex or FX mean the same thing – the global currency market where traders,…
Foreign exchange losses cost NNPC N124 billion in two years
The worsening fiscal crisis facing the Nigerian government has turned the spotlight on the state-owned oil…
“BoJ easing and FX intervention are not contradictory”
TOKYO: Japan’s Finance Minister Shunichi Suzuki said there was no political contradiction between the Finance Ministry’s…
CBG rejects allegations of corruption in the foreign exchange market –
By Kebba Ansu Manneh The Central Bank of The Gambia (CBG) has denied and dismissed allegations…
West ‘essentially stole’ Russia’s gold and currency reserves, Kremlin says
(Kitco News) Moscow said Western countries were using sanctions to steal its gold…
” Change money ? Guys caught in 200 million yen scam
With its controls on foreign currencies, the practice of their illegal exchange in China is decades…
India’s foreign exchange reserves at lowest since July 2020
The Reserve Bank of India’s (RBI) foreign exchange reserves fell by $4.5 billion to $528.37 billion…
Ethiopia Orders Banks to Reject Currency Requests to Buy ‘Non-priority Commodities’ CryptoGlobe
The Ethiopian government has ordered banks to reject requests for foreign currency to buy so-called non-priority…
A first in 9 weeks: foreign exchange reserves increase by 204 million dollars
The Reserve Bank of India’s (RBI) foreign exchange reserves increased for the first time in nine…
Brisbane Airport welcomes first ATM with Travelex
Exchange company Travelex launched an ATM service that allows customers to pre-order foreign currency online and…
Credit Suisse was part of foreign exchange ‘conspiracy ring’, lawyer says
(Bloomberg) – Credit Suisse Group AG was part of a “conspiracy ring” focused on rigging the…
BSP is committed to controlling excessive currency movements
The Bangko Sentral ng Pilipinas will not allow excessive changes in the peso-dollar exchange, Governor Felipe…
Japan’s foreign exchange reserves fall by a record $54 billion
Japan’s foreign exchange reserves fell by a record amount in September and China’s neared $3,000,000,000 as…
Higher foreign exchange reserves reduce foreign borrowing costs and hedging costs
According to an article published in the monthly newspaper RBI, the increase in foreign exchange reserves…
Bangladesh will experience rapid development, stabilizing its foreign exchange reserves
According to Fitch Ratings, a renowned international ratings company, Bangladesh continues to have good growth prospects…
Foreign exchange reserves continue to plunge
A representative image of the US dollar. —Reuters Reserves fell by more than 4% to $8,005.9…
Explaining UK Foreign Exchange Reserves — Quartz
The UK’s currency crisis, with the pound falling to its lowest level against the US dollar…
Foreign exchange reserves are declining rapidly, so many did not fall even in 2008
New Delhi: The country’s foreign exchange reserves have fallen sharply recently. According to RBI data, the…
The Nation Will Save Valuable Currencies With the Launch of the Native AVGAS 100 LL
AVGAS 100 LL, a special aviation fuel for piston-engine aircraft and Ariel unmanned vehicles launched today…
South Korea’s finance minister says more currency stabilization measures are on the way
Join now for FREE unlimited access to Reuters.com Register SEOUL, Sept 25 (Reuters) – South Korea’s…
Asian FX Weak on Strong Greenback; the peso surpasses
(Sept. 23): Most emerging Asian currencies were broadly weaker on Friday (Sept. 23) against a stronger…
Elenteny Imports and Koverly team up to save importers on currency
Advertising Elenteny Imports and Koverly announce a partnership to offer the best exchange rates on the…
10 African countries with the lowest foreign exchange reserves
The forex crisis has already dealt a blow to many economies on the continent. For example,…
Pakistan’s foreign exchange reserves are falling again
New Delhi: Despite support from the International Monetary Fund (IMF), Pakistan is currently struggling with declining…
Influx of dollars and decline in foreign exchange reserves – what is happening?
The State Bank of Pakistan (SBP) is struggling to keep its foreign exchange reserves down. According…
For Nissan, currency doesn’t drive long-term plans, says COO
TOKYO (Reuters) – Nissan Motor Co Ltd does not make its longer-term decisions based on currency…
Market-based exchange rate to be introduced soon: minister
Finance Minister AHM Mustafa Kamal – photo taken by UNB from his verified Facebook page. Finance…
India’s foreign exchange reserves near 2-year low
India’s foreign exchange reserves fell to their lowest level since October 2020 as the Reserve Bank…
India’s foreign exchange reserves fall by $7.94 billion to a two-year low
New Delhi: India’s foreign exchange (forex) reserves fell by $7.94 billion to $553.105 billion for the…
India’s foreign exchange reserves at lowest in 23 months
The Reserve Bank of India’s (RBI) overall foreign exchange reserves fell by $7.9 billion to $553.11…
US dollar’s relentless advance drives China’s foreign exchange reserves to lowest since 2018
China’s foreign currency reserves fell for the second straight month in August as the strength of…
Foreign exchange reserves fall again to US$545.48 billion amid capital outflows
By Crystal Hsu / Staff Reporter Taiwan’s foreign exchange reserves fell last month for the second…
Nomura carried out foreign exchange transactions for Glen Point at the heart of a fraud case in the United States
Tokyo-based Nomura Holdings funneled hundreds of millions of dollars in trades for hedge fund Glen Point…
Reserve Bank of India: India’s foreign exchange reserves fall by $3 billion in the week ending August 26
India’s foreign exchange reserves fell by $3 billion in the week ending August 26 as the…
Change NAB | Research and business insights
Sep 1, 2022 We will help you find the right currency risk management strategy by understanding…
Bank of Japan (BoJ) – Foreign Exchange Intervention
Bank of Japan (BoJ) – Foreign Exchange Intervention The Bank of Japan’s ultra-loose monetary policy is…
Egypt turns off lights to boost foreign exchange reserves
By Bassem Aboualabass CAIRO, Egypt—A war-spurred economic crisis in Ukraine darkens Egyptian streets, as the government…
Foreign exchange reserves fall $6.68 billion to two-year low
By ANI MUMBAI: India’s foreign exchange (forex) reserves fell by $6.687 billion to $564.053 billion for…
Your foreign exchange reserves have decreased for the third week in a row, know why this happened
BombayThere was again a decrease in the country’s foreign currency holdings. This is the third week…
Argentina prepares to restrict imports due to currency shortage – source
A homeless man sleeps on the street in downtown Buenos Aires, Argentina August 22, 2022. REUTERS/Agustin…
Pak plans to bear the initial cost of CPEC projects to increase foreign exchange reserves
Pakistan is considering a proposal to receive 20% of the total cost of five China-Pakistan Economic…
Foreign exchange reserves decrease to $570 billion due to lower FCA
The country’s foreign exchange reserves fell by $2.238 billion to $570.74 billion in the week ending…
Currency Exchange Process: Tips and Tricks – Mali 24
Advertising Forex trading has been around since the first time people traded money or goods to…
Every company should export 10% of products to earn foreign exchange : Miftah – Business
Finance Minister Miftah Ismail on Wednesday urged every company to export 10% of their products to…
Will the CBN’s RT200 intervention increase Nigeria’s non-oil foreign exchange earnings?
CBN-Governor, Godwin Emefiele. By KADIRI ABDULRAHMAN – In recent times, the scarcity of foreign exchange in…
India’s foreign exchange reserves fall by $897 million to $572.98 billion in the week ending August 5
The fall was seen after rising in the week ending July 29 after falling for four…
Egypt’s exchange gap closing, no intention to significantly devalue exchange rate, says senior CBE official – Economy – Business
In exclusive remarks to Al-Ahram, Negm underlined that there is no need to worry regarding the…
Local foreign student reunited with Ukrainian family in West Virginia
PUTNAM COUNTY, WV (WOWK) — Denys Pavlov is a 17-year-old who came to Buffalo High School…
Japan Posting: Extraordinary Gain on Chinese Claims (Disclosure Update), Foreign Exchange Gain and Impairment
[Provisional Translation Only] This English translation of the original Japanese document is provided for informational purposes…
Ukraine’s foreign exchange reserves reduced to $22.4 billion as of August 1
As of August 1, 2022, Ukraine’s foreign exchange reserves amounted to $22.385 billion. The relevant statement…
SBP strengthens the monitoring of foreign exchange transactions – Markets
The State Bank of Pakistan (SBP) announced on Wednesday that it has tightened the monitoring of…
Shieldpay and Western Union Business Solutions Partner to Provide Foreign Currency (FX) on International Transactions
By Legal futures Shieldpay Associate Shieldmarket leader in secure digital payments, announces its partnership with Western…
Fair Play & Change: Warning from CBSL
Statement from the Central Bank of Sri Lanka Importance of “fair play” by all players in…
Rupee strengthened this week but foreign exchange reserves fell, know how many reserves are in RBI vaults | The rupee strengthened this week but foreign exchange reserves fell
Rupee against dollar this week (Dollar against rupees) There was an increase in The US Federal…
Foreign exchange reserves fall below $9 billion
A worker at a currency exchange office holds a stack of U.S. dollar banknotes before giving…
A $1.066 billion+ opportunity – IMARCGroup.com – This is Ardee
According to the latest report of the IMARC group, entitled “Foreign Exchange Market: Industry Trends, Share,…
Global FX Software Market 2022 Product Analysis – eMoneyexchangesoft, Thomson Reuters FX Trading, AFEXDirect, Banking Circle Real-time FX
MarketandResearch.biz released a report titled Global Forex Software Market which includes the growth aspects of the…
US, South Korea to expand exchange cooperation, cap Russian oil prices
The United States and South Korea have agreed to expand cooperation to stabilize the foreign exchange…
Kenya’s current currency shortage is entirely self-inflicted
Columnists Kenya’s current currency shortage is entirely self-inflicted Wednesday, July 20, 2022 Twelve months ago, you…
Concerns over Korea’s foreign exchange reserves: The DONG-A ILBO
Foreign investments worth US$16 billion fled the Korean stock market in 2022 according to Bloomberg News…
Azerbaijan Foreign Exchange Market Weekly Review
BAKU, Azerbaijan, July 16. The official exchange rate of the Azerbaijani manat against the US dollar,…
What are the benefits of foreign exchange reserves?
India’s foreign exchange reserves fell by $8.062 billion to $580.252 billion in the week ended July…
Finastra and HSBC partner to strengthen foreign exchange services for mid-sized banks
Finastra, a UK-based financial services company, is working with HSBC to offer cost-effective banking-as-a-service (BaaS) foreign…
U.S. and Japan agree to address Ukraine’s currency volatility, economic challenges
TOKYO, July 12 (Reuters) – U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki…
How companies can limit foreign exchange losses
Personal finance How companies can limit foreign exchange losses Monday, July 11, 2022 Foreign currency fluctuations…
Foreign exchange reserves decrease by 5,008 billion to 588,314 billion RBI data
The country’s foreign exchange reserves fell by $5.008 billion to $588.314 billion in the week ending…
Foreign exchange reserves held by SBP plunge again and now stand at $9.8 billion – Markets
After surpassing the $10 billion mark last week, foreign exchange reserves held by the State Bank…
Foreign Exchange Market Trends, Growth Rate, Demand, Opportunities and Forecast 2022-2027 – Britons in Kenya
According to the latest report of the IMARC group, entitled “Foreign Exchange Market: Industry Trends, Share,…
Revised Exchange Policy Notices – Commentary
Notice 1: Transactions in currencies, gold and other precious metalsOpinion 2: Borrowing, loan and guaranteeNotice 4:…
Seven currency myths
THE There is no doubt about the influence and growing popularity of foreign currencies (forex). Yet…
India’s foreign exchange reserves rise by $2.73 trillion after falling for three straight weeks
According to RBI data, India’s foreign currency assets, which constitute the largest component of foreign exchange…
Bank of Albania revokes 12 foreign exchange licenses as part of the fight against money laundering – Exit
The Bank of Albania revoked 12 currency exchange licenses in the last year, mostly for non-compliance…
R&D on FX software market including top key players eMoneyexchangesoft, Conotoxia, Banking Circle Real-time FX – Designer Women
Exchange software Market is expected to grow at a significant rate, reports JC Market Research. His…
SBP reserves fall from $748 million to $8.24 billion – Latest News – The Nation
Foreign exchange reserves of the State Bank of Pakistan (SBP) decreased by $748 million in the…
Foreign exchange reserves up $30.3bn in FY22, RBI data shows
The country’s foreign exchange reserves in nominal terms, including valuation effects, increased by…
BOJ and government closely coordinate foreign exchange operations, Kuroda says after meeting PM
Currency signs of the Japanese yen, euro and U.S. dollar are seen on a sign outside…
Tourism and Earning Valuable Currency Urgently Needed – The Island
By Captain Gihan A [email protected] RCyAF, SLAF, Air Ceylan. Air Lanka, Singapore Airlines, SriLankan Airlines and…
India’s foreign exchange reserves fall by $4.6 billion to $596 billion
india Foreign exchange reserves fell by $4.6 billion to $596 billion…
FX Margin Trading Market Overview 2022-2028
Foreign exchange market on margin Margin Foreign Exchange Trading Market: An in-depth analysis of statistics on…
Foreign exchange services will experience huge growth by 2031 – Designer Women
According to Marketreports.info Exchange services market Report 2030, examines various factors driving or restraining the Foreign…
Bureau de change operators urge next president to prioritize foreign exchange management and SME financing
BUREAU DE EXCHANGE (BDC) operators are calling on the next President of Nigeria in 2023 to…
India’s foreign exchange reserves fell from $306m to $601bn: RBI
After two consecutive weeks of increases, India’s foreign exchange (forex) reserves fell by $306 million to…
Foreign exchange reserve coverage in East Africa will decline – IMF
The International Monetary Fund has expressed concern over the likely decline in foreign reserve coverage in…
China has the largest foreign exchange reserves in the world – and they just grew for the first time in 2022 as the US dollar strengthens
The Chinese currency fell sharply this week.Future Editions/Getty Images China’s foreign exchange reserves, which are the…
Bank Negara Malaysia issues new exchange policy notices
Bank Negara Malaysia issued a series of news Exchange Policy Notice June 1, 2022 (‘FEP Notice’)…
New foreign exchange regulations to facilitate capital movements and flexibility in foreign exchange transactions
The Bank of Thailand (“BOT”) is committed to further easing foreign exchange regulations in order to…
China to refinance Pakistan amid dwindling foreign exchange reserves
ISLAMABAD, Pakistan – China on Thursday agreed to refinance Pakistan with $2.3 billion in funds amid…
Foreign exchange headwinds are hitting this tech company
Microsoft (MSFT) shares traded today after the company lowered its revenue and profit expectations for the…
Microsoft slashes revenue and earnings outlook, citing ‘unfavourable’ exchange rate move
Parler CEO George Farmer reacts to tech companies laying off employees at the highest rate since…
The change prompted Salesforce to lower its revenue forecast
Salesforce co-founder and co-CEO Marc Benioff told CNBC’s Jim Cramer on Tuesday that the rising value…
BC reaffirms its commitment to guarantee the availability of foreign exchange through the banking system for the import of essential food products – Adaderana Biz
The Ministry of Finance has issued Import Control Regulations on Terms of Payment No. 07 of…
BSP changes foreign exchange rules for travelers
INTERNATIONAL travelers can now complete the new Currency Declaration Form (CDF) online after the central bank…
Foreign exchange market remains relatively stable – BOJ
Bank of Jamaica (BOJ) Governor Richard Byles says this partly reflects actions taken by the BOJ,…
Foreign exchange market remains relatively stable — BoJ
Richard Byles KINGSTON, Jamaica – Jamaica’s foreign exchange market has remained relatively stable since the start…
Myanmar forms exchange monitoring committee
On April 4, 2022, the State Administrative Council (SAC) of Myanmar established the Foreign Exchange Supervisory…
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…