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A service for FOREX trading professionals · Thursday, March 13, 2025 · 793,438,803 Articles · 3+ Million Readers
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  • Published on Mar 12, 2025

    India's foreign exchange reserves have again seen a big decline?

    India's foreign exchange reserves have again seen a big decline? India's foreign exchange reserves have decreased by $ 1.781 billion in the week ending february 28. With this, the country's foreign exchange reserves have come down to $ 638.698 …

    Source: India Herald - Uncategorized
  • Published on 06:52 GMT

    Malaysians risk losing RM3.3b a year to hidden forex fees by 2029, says Wise

    KUALA LUMPUR, March 13 — Malaysians could lose up to RM3.3 billion annually by 2029 if foreign exchange (forex) hidden fees are left unchecked, according to new research commissioned by Wise. The company said Malaysians lost around RM2.99 billion (US$655 …

    Source: Malay Mail - Neutral
  • Published on 02:50 GMT

    Only the interbank market sets the official rate – RBZ

    By Alois Vinga THE Reserve Bank of Zimbabwe (RBZ) has said only the interbank market has the authority to determine the official rate, clearing the confusion around the interpretation of market-determined exchange rates. This follows confusion triggered by …

    Source: New Zimbabwe - Neutral
  • Published on 03:53 GMT

    Thomas Cook India launches a Borderless Prepaid Multi-Currency Travel Card

    India’s outbound travel saw a record in overseas travel spending of $17 billion in FY24, marking a 25% increase y-o-y (accounting for 54% of all international spending)1 and is projected to reach $55.4 billion by 20342. Additionally, the strong emergence …

    Source: Tourism Breaking News - Neutral
  • Published on 02:00 GMT

    Dollar bounces on rise in yields as trade war roils markets

    By Rae Wee SINGAPORE (Reuters) - The dollar rebounded slightly on Thursday thanks to a rise in U.S. Treasury yields, though currencies traded in tight ranges as investors struggled to determine the impact of an escalating global trade war on U.S. inflation …

    Source: Yahoo Finance - Label Pending
  • Published on 03:14 GMT

    Taiwan Warns of Currency Risks From Stock Outflows, Trump Policy

    (Bloomberg) -- Taiwan’s central bank spent a record amount of money defending its currency last year and may need to do more, given worsening stock market outflows and escalating trade tensions. Most Read from Bloomberg The central bank sold $16.4 billion …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 12, 2025

    Naira Falls for Sixth Straight Day, Hits N1,538/$1 in Official Market

    The Naira closed at N1,538.68 per dollar in the official market on Wednesday, a 0.16% drop from Tuesday’s rate of N1,536.15. This marks six consecutive days of decline without a comeback, drawing attention to the unpleasant impact on businesses and …

    Source: TechEconomy - Neutral
  • Published on 02:10 GMT

    PHOTO COLLECTION: Financial Markets Global

    Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank …

    Source: Mankato Free Press - Minnesota - Label Pending
  • Published on 08:05 GMT

    LSEG FX system facing technical issues in India, traders say

    MUMBAI (Reuters) – Financial technology and data provider London Stock Exchange Group’s foreign exchange trading platform was facing technical issues in India on Thursday, seven traders told Reuters. Some traders were unable to log into their terminals, …

    Source: The Print - Neutral
  • Published on 02:05 GMT

    Naira down to N1,585/$ in parallel market

    By Elizabeth Adegbesan The Naira yesterday depreciated to N1,585 per dollar in the parallel market from N1,565 per dollar on Tuesday. Similarly, the Naira depreciated to N1,546 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by …

    Source: Vanguard - Uncategorized
  • Published on Mar 12, 2025

    Naira continues depreciation across official, black markets

    The naira continued its depreciation against the dollar across official and parallel foreign exchange markets on Wednesday. According to the Central Bank of Nigeria, FX data showed that the naira weakened further to N1,543.91 per dollar on Wednesday from …

    Source: Daily Post - Neutral
  • Published on 01:22 GMT

    Dollar edges higher as markets weigh trade tensions

    By Chibuike Oguh and Yadarisa Shabong NEW YORK (Reuters) -The U.S. dollar edged higher against major currencies including the yen and the euro on Wednesday as data showed a slowdown in inflation although simmering trade tensions will continue to weigh on …

    Source: Livemint - Neutral
  • Published on 00:09 GMT

    Dollar strengthens against peers as markets digest inflation data, trade tensions

    By Chibuike Oguh and Yadarisa Shabong NEW YORK (Reuters) – The U.S. dollar strengthened against major currencies including the yen and the Swiss franc on Wednesday as data showed a slowdown in inflation although global trade tensions suggest that concerns …

    Source: The Print - Neutral
  • Published on 03:25 GMT

    Bank of Korea says wary of FX volatility on trade war risks

    SEOUL : South Korea's central bank said on Thursday that U.S. President Donald Trump's escalating trade war could drag on longer than expected and increase the risk of capital outflows while also raising volatility in the dollar-won market. " …

    Source: Channel News Asia - Pro-Government
  • Published on 05:23 GMT

    Forex accounting discrepancies: Why financial regulators must enforce accountability

    There is never a dull day in the financial world, but some developments serve as stark reminders of the risk management. The Reserve Bank of India’s decision to launch a sector-wide review of derivative books following IndusInd Bank’s forex accounting …

    Source: CNBC-TV18 - Center-left
  • Published on Mar 12, 2025

    Pan-African Payments System (PAPSS) to launch African currency marketplace

    The Pan-African Payments and Settlement System (PAPSS), a pioneering pan-African payments infrastructure provider designed to enhance cross-border trade across Africa, is launching an African currency marketplace later this year. Backed by 15 central banks …

    Source: Technext - Neutral
  • Published on 06:35 GMT

    Forex: NRB releases today’s exchange rates

    KATHMANDU: The Nepal Rastra Bank has released the exchange rates for foreign currencies today (Thursday). The value of certain foreign currencies, including the US dollar and Kuwaiti dinar, has declined. In contrast, currencies such as the Australian …

    Source: Nepal News - Neutral
  • Published on 04:07 GMT

    RBI reviewing derivative positions of banks after IndusInd's forex fiasco"

    The RBI's review serves a dual purpose, insider sources said. It seeks to identify any other banks violating the new derivative trades rule, and also evaluate each bank's internal compliance on treasury operations. The detailed evaluation is part …

    Source: NewsBytes - Uncategorized
  • Published on Mar 12, 2025

    Russian Stocks Stay Strong Following Trump's Talk With Putin As US Market Hit By Staggering Slump

    Following a previous phone call between President Donald Trump and Russian President Vladimir Putin, Russian stocks have skyrocketed while U.S. stocks have faced staggering plunges. The Dow is now down more than 2,500 points since Trump assumed office for …

    Source: International Business Times - Label Pending

04 days 18:38:22

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