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A service for FOREX trading professionals · Tuesday, April 29, 2025 · 807,919,837 Articles · 3+ Million Readers
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  • Published on Apr 25, 2025

    India’s forex reserves jump to six-month high of $686.2 billion

    MUMBAI: India’s foreign exchange reserves rose for a seventh consecutive week and stood at a six-month high of $686.15 billion as of April 18, according to data released by the central bank on Friday. The reserves rose by $8.3 billion in the reported week, …

    Source: Business Recorder - Neutral
  • Published on 02:27 GMT

    Carnival of colors

    JORGE CORTES/TIAN CHI/YANG LIU/CHINA DAILY The skies over Weifang burst into a carnival of colors this week as the 42nd International Kite Festival took flight on April 19 in the coastal city in Shandong province. Imagine looking up to see a …

    Source: China Daily - Gov't Propaganda
  • Published on Apr 25, 2025

    Colgate-Palmolive Q1 Beats Market; Cuts FY25 Earnings, Organic Sales View On Tariffs

    Consumer products major Colgate-Palmolive Co. on Friday reported higher profit above market estimates in its first quarter with organic sales growth amid very difficult market conditions. Net sales, meanwhile declined, though were above the Street. Further …

    Source: RTTNews - Neutral
  • Published on Apr 25, 2025

    Forex fraud leaves Ugandan man stranded

    Forex fraud leaves Ugandan man stranded The financial fraud story of Pius Kwesiga, who attempted to send money to his ailing father in India through a forex bureau, only for the money to vanish. We also look at how far the police have gone with …

    Source: NTV Uganda - Neutral
  • Published on 02:11 GMT

    Octa Broker Analysis: Why the U.S. Dollar is Struggling Amid Global Trade Turmoil

    KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 29 April 2025 – The U.S. Dollar, the world's reserve currency and the ultimate safe-haven asset, is now the world's worst-performing major currency in 2025. Octa Broker explains why. The historical …

    Source: Malay Mail - Neutral
  • Published on Apr 25, 2025

    Stocks, forex set for weekly gains on signs of China-US tariff reprieve

    A gauge for emerging market stocks was headed for a second straight week of gains on Friday as investors found solace in hints of a thaw in the U.S.-China trade standoff. The MSCI Emerging Markets Index climbed 0.4% on the day and was on course for a 2.7% …

    Source: Zawya - Indeterminate
  • Published on Apr 25, 2025

    India’s forex reserves jump to USD 686.145 bn; gold reserves also rise

    Biz News India’s Forex and Gold reserves jump (Pic: Pixabay) Mumbai: India’s forex reserves jumped USD 8.31 billion to USD 686.145 billion for the week ended April 18, the RBI said on Friday. This is the seventh consecutive week of a rise in the kitty, …

    Source: News9 Live - Indeterminate
  • Published on Apr 25, 2025

    India News | India's Forex Reserves Swell USD 8.31 Bn to USD 686.145 Bn

    Mumbai, Apr 25 (PTI) India's forex reserves jumped USD 8.31 billion to USD 686.145 billion for the week ended April 18, the RBI said on Friday. This is the seventh consecutive week of a rise in the kitty, which had jumped by USD 1.567 billion to USD …

    Source: Latestly - Indeterminate
  • Published on 02:11 GMT

    Adopt Pan-African Payment Settlement System, CBN Charges DMBs

    57 Daniel Adaji The Central Bank of Nigeria (CBN) has ordered all Money Deposit Banks (DMBs) in the country to immediately adopt the Pan-African Payment and Settlement System (PAPSS) for originating cross-border transactions, marking a major step toward …

    Source: Point Blank News - Pending
  • Published on Apr 25, 2025

    Naira weakens as exchange rate hits N1,605/$1 at official market 

    The Nigerian naira continued its depreciation against the US dollar at the official foreign exchange market on Thursday, closing at N1,605/$1. This is according to data published on the Central Bank of Nigeria (CBN) website. This marks a marginal …

    Source: Nairametrics - Neutral
  • Published on Apr 25, 2025

    World Bank: CBN’s reforms stabilising naira, boosting FX liquidity

    The World Bank says the policy reforms by the Central Bank of Nigeria (CBN) have led to a more stable naira recently. In its regional economic outlook report, ‘Africa’s Pulse,’ on Thursday, the Britton Woods institution said the naira, the South Sudanese …

    Source: The Cable - Neutral
  • Published on 02:00 GMT

    How Fruit Farming Gives Continuous Streams Of Income

    Agribusiness presents a wide range of opportunities for any interested individual to make money and live the type of life one wants. One of such opportunities is in fruit farming. In Nigeria, fruit farming is a very promising venture, with prospects of …

    Source: Daily Independent - Pending
  • Published on Apr 25, 2025

    Taiwan, Philippines power Asia stocks higher; currencies listless

    Taiwan stocks gain tracking Wall Street Manila shares hit highest in over a month Rupiah rises 0.3% Emerging Asia shares rallied on Friday, led by indexes in Manila and Taipei, on a potential de-escalation in trade tensions between the world’s two largest …

    Source: Interaksyon - Neutral
  • Published on Apr 25, 2025

    BSP expands FX hedging tools to boost capital market

    MANILA — The Philippine central bank has approved new rules to give Filipinos more ways to protect themselves from changes in foreign exchange rates, as part of efforts to grow the country’s capital market. Before, only a few types of currency protection …

    Source: Interaksyon - Neutral
  • Published on 06:15 GMT

    China's Warning Against Nations Striking Trade Deals With The US Is Absurd

    (MENAFN- The Arabian Post) By Nantoo Banerjee Hit by the massive US import tariff, export-led China seems to have gone crazy as its No.1 export destination, the United States of America, has suddenly gone out of reach after US President Donald Trump's …

    Source: MENAFN - Indeterminate
  • Published on 01:44 GMT

    CBN issues directives on export proceeds over $2,000

    The Central Bank of Nigeria has issued a new directive mandating full documentation for all Pan-African Payment and Settlement System transactions involving export proceeds exceeding $2,000. In a circular released by the apex bank on Monday, the move aims …

    Source: Punch - Indeterminate
  • Published on 01:44 GMT

    Guinness Nigeria returns to profit, posts N6.72bn

    Guinness Nigeria Plc has reported a profit after tax of N6.72bn for the nine months ended March 31, 2025, marking a rebound from the loss of N61.65bn posted in the same period of 2024. The company’s unaudited financial statements, released to the Nigerian …

    Source: Punch - Indeterminate
  • Published on Apr 26, 2025

    Forex: J$159.12 to one US dollar

    April 25, 2025 KINGSTON, Jamaica – The US dollar on Friday, April 25, ended trading at $159.12, up by 2 cents according to the Bank of Jamaica’s daily exchange trading summary. Meanwhile, the Canadian dollar ended at $116.93, up from $115, and the British …

    Source: Jamaica Observer - Indeterminate
  • Published on Apr 26, 2025

    India’S Forex Reserves On Way To Reclaim All-Time High Of $704.8 Billion

    (MENAFN- IANS) New Delhi, April 26 (IANS) India's foreign exchange reserves have risen to the highest-level since November last year to $686.14 billion, which shows a resilient economy amid global uncertainties.According to data from the Reserve Bank …

    Source: MENAFN - Indeterminate

06 days 04:08:11

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