Revisiting the CBN Retail Foreign Exchange Policy

Oludare Mayowa Posted March 18, 2022 Many Nigerians who depend on banks to meet their foreign…

Currency forecasts for the next 6-12 months: Westpac FX update

Westpac Investment Bank Foreign Exchange Rate Forecast 2022-2023 – March 2022 Update There is a high…

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…

FIRS grants a one-month concession to taxpayers allowing the settlement in naira of unpaid tax debts denominated in foreign currencies

Key points to remember • The FIRS grants a one-time concession to taxpayers with tax obligations…

Korean companies exposed to foreign exchange losses

Korean companies face foreign exchange losses as the Russian government and their Russian business partners would…

Sri Lanka’s debt crisis persists as foreign currency reserves fall

(Bloomberg) – Sri Lanka is effectively devaluing its currency as its foreign exchange reserves dwindle, potentially…

Fitch Confirms Pakistan’s Foreign Currency Long-Term IDR at ‘B-‘ with Stable Outlook

March 01, 2022 (MLN): Fitch Ratings, in its latest report released yesterday, affirmed Pakistan’s long-term foreign…

Foreign currency deposits reach US$1.94 billion

By Alois Vinga Foreign Currency Accounts (FCA) deposits grew by 103.13% in 2021, according to the…

Savings, foreign currency market and cryptoassets in Cuba

A Caribe (State) chain store in Cuba Very few Cubans have enough savings to capitalize them…

Banks are required to submit daily currency monitoring reports to the BB

SIDDIC ISLAM | Published: February 18, 2022 8:31:04 a.m. | Update: February 18, 2022 9:55:46 p.m.…

North Koreans with foreign currencies seem to welcome the restart of China-North Korea freight train service

As exchange rates in North Korea soar with the restart of China-North Korea freight train service…

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…

Zimbabwe: Foreign Currency Sales Support Hippo Valley Revenues

Sugar processor, Hippo Valley took advantage of the policy directive allowing foreign currency sales to supplement…

Foreign Currency Sales Back Hippo Valley Receipts

By Alois Vinga SUGAR processor Hippo Valley took advantage of the policy directive allowing foreign currency…

Fears of losing Libya’s foreign exchange reserves

Economists fear a depletion of foreign exchange reserves in Libya as a result of high rates…

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…

Understanding CBN’s Share of Foreign Currency Exchange (Pulse Contributor Review)

Basically, it should be noted that exchanges between currencies are divided between demand and supply, and…

Venezuelan lawmakers accept tax on foreign currency transactions

CARACAS, February 3 (Reuters) – Venezuela’s ruling party-controlled national assembly has authorized President Nicolas Maduro’s government…

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,…

Venezuelan state-owned companies quadruple their currency sales to the central bank

CARACAS, Jan 21 (Reuters) – Sales of foreign currency by Venezuela’s state-owned companies, including oil producer…

Corporate tax exemption granted to companies trading foreign currency

Corporate tax exemption granted to companies trading foreign currency In order to avoid foreign currency fluctuations…

Iranian government plans to reduce subsidies to foreign exchange trade rat …

(MENAFN) On Sunday, the Iranian parliament approved the major frameworks of the national budget bill for…

Leveraging Non-Oil Export Activities to Create an Alternative Source of Foreign Currency Supply | The Guardian Nigeria News

Division Manager, Export and Agricultural Business, Fidelity Bank Plc., Isaac Ndukwe, in this interview, explained how…

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:…

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…

CIBC Exchange Rate Forecast 2022-2023

Short-term gains, but the US dollar is expected to peak in 2022 Euro on the defensive…

Turkey wants to make the pound more attractive than foreign currencies

ISTANBUL: Turkey’s central bank has said it will prioritize measures to encourage savers to use lira…

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…

volume of foreign currency loans outstanding ?? 9.7 billion, now only 5.7% of all loans to private households

Adjusted for currency effects, outstanding foreign currency loans decreased by 17.3% or 2.03 billion euros in…

Sri Lanka’s Currency and Remittance Dynamics – The Island

By Bilesha Weeraratne Written before International Migrants Day on December 18, 2021 Despite the pandemic and…

A lesson on statutes of limitations: HSBC defeats accusation of manipulation of the ECU foreign exchange market

The recent ruling in the dispute between ECU and HSBC highlights the importance of limitation periods…

Parliament approves the broad guidelines of the National Bank’s monetary and exchange rate policy for 2022-2024

Parliament approves the broad guidelines of the National Bank’s monetary and exchange rate policy for 2022-2024…

[Korea Contactless Technology] Development of an integrated foreign currency management system combined with an autonomous AI voice recognition robot

LOS ANGELES, CA, December 10, 2021 / 24-7PressRelease / – Contactless and social distancing are terms…