The naira and Nigeria’s foreign reserves saw significant gains last week, as the Central Bank of Nigeria (CBN)’s policy measures continued to positively influence the forex markets. In addition to ...
The Foreign Exchange Dealers Association of India (FEDAI) oversees India's forex markets, offering standardizing guidelines and regulation for banks.
In a major step toward reforming the country’s foreign exchange (FX) market, the Central Bank of Nigeria (CBN) last week launched the Nigeria Foreign Exchange Code (FX Code). This new framework is ...
RBI sells dollars while Bank Indonesia steps in as surging oil prices and geopolitical tensions trigger volatility in Asian ...
Learn how a square position can reduce your market risk by closing out existing positions. This strategy is essential for mitigating exposure in market trading.
Foreign exchange reserves rose by $8.66 billion to a record $725.73 billion in the week ended Feb 13, reflecting valuation gains in gold and n.
Fast-growing Nonco believes the $235 billion market for digital dollars, pesos and reals can vastly improve foreign exchange trading in emerging markets. Fernando Martinez talks like a man who’s ...
A bank staffer counts foreign currencies in Beijing. File photo: VCG. The People's Bank of China (PBC), the central bank, reduced the foreign exchange risk reserve ratio for forwa ...
Rupee recovered from its lowest level and gained 48 paise to trade at 91.57 against the US dollar in early trade on Thursday, tracking positive momentum in domestic equity markets.
Regulators refine cross-border rules and cut the foreign exchange risk reserve ratio for forward forex sales to zero, aiming to provide stable offshore liquidity and help firms manage risks.
Black market traders has adjusted the exchange rate for the naira against the US dollar and also pound, euro The changes reflect the current market situation but relative stable when compared to ...
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