Foreign Exchange News Monitoring

No immediate fix for TT foreign exchange shortage

Larry Howai, governor of the Central Bank of Trinidad and Tobago, CBTT, says finding a solution to the ongoing problems in the foreign exchange market remains a priority but that a long-term solution was dependent on mechanisms to bring demand and supply …

Wednesday's Foreign Exchange Rates in Nepal

Kathmandu – The Nepal Rastra Bank (NRB) has set the foreign exchange rates for Wednesday, July 30, 2025. According to the central bank, the buying rate for 1 US Dollar (USD) is Rs. 138.61, while the selling rate is Rs. 139.21. Major Currency Exchange Rates …

Bank of Ghana serves notice to punish institutions violating Foreign Exchange Act

Foreign exchange rates in Pakistan for today, July 30, 2025

Minutes of the UK Money Markets Code Sub-Committee – June 2025

Date: 10 June 2025 Time: 3.30pm – 5pm | Location: Bank of England / Hybrid Minutes Item 1: Introduction & Minutes of last meeting The Co-Chairs welcomed Committee members together with Denisa Sokolova (Barclays) and Hamish Thornton (LBCM), who were …

Carbon Stablecoin Framework Patented by Singapore’s Alpha Ladder Group to Power Sustainable Cross-Border Payments and FX

The patented Carbon Stablecoin Framework powers a new era of scalable, regulated and sustainable cross-border payments and FX. SINGAPORE, SINGAPORE, July 30, 2025 /⁨EINPresswire.com⁩/ -- Alpha Ladder Group Pte. Ltd. (ALG), Singapore’s digital …

Naira steadies across markets as CBN reforms narrow exchange rate gap 

The naira stabilised across both official and parallel markets on Tuesday, signaling growing investor confidence in Nigeria’s monetary policy reforms and improved foreign exchange market mechanisms. The local currency closed at N1,534.21 per dollar in the …

Forex traders cite excess dollar supply, security enforcement as reasons for massive naira gains  

Currency traders have attributed the recent performance of the naira and the relative stability of the foreign exchange (forex) market to the excess dollar supply and the activities of the security agencies against forex speculators and hoarders. They …

Nigeria’s export boom is a mirage, say experts – weak institutions, FX collapse distort growth

Nigeria’s export earnings hit a record high of N77.4 trillion in 2024, but this headline figure hides a deeper concern: export performance in dollar terms has plunged by nearly 48% over the last decade. Experts say this reflects a dangerous illusion of …

FX violations: BoG orders weekly remittance disclosures from financial institutions

The Bank of Ghana (BoG) has directed all banks, Dedicated Electronic Money Issuers (DEMIs) and Enhanced Payment Service Providers (EPSPs) to submit detailed weekly reports on inward remittance transactions to curb foreign exchange violations. It is …

International students losing money abroad due to forex gaps: Report

The United States hosted a record-breaking 1.1 million international students in 2024, contributing over $50 billion to its economy, according to the latest Open Doors report. While this marks a peak in student mobility, the financial challenges these …

Pakistan central bank sees FX reserves climbing to over $17bn by FY26 end

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad projected on Wednesday that the central bank’s foreign exchange (FX) reserves were expected to rise by $3 billion, reaching $17.5 billion by the end of the fiscal year 2025-26. The growth in the …

FX Liquidity Boost Restores Naira Payments For Foreign Tuition And Medical Bills

Nigerian banks have resumed processing foreign school fees and medical bills using naira debit cards, following renewed foreign exchange (FX) liquidity in the official market. The development comes as commercial banks reintroduce the Central Bank of …

India’s IndiGo posts lower first-quarter profit as forex losses weigh

Interglobe Aviation, the operator of IndiGo, posted a drop in first-quarter profit on Wednesday, hit by ballooning forex losses and softer growth following border tensions between India and Pakistan. India’s largest airline by market share reported a …

Central Bank, BATT discuss forex, KYC potocols

Business Ryan Hamilton-Davis 30 Minutes Ago Central Bank Governor Larry Howai. - THE economy, financial system, liquidity, foreign exchange and the evolving requirements for Know Your Customer (KYC) protocols for bank customers were among the topics …

Toss Bank logs W31.6tr in fee-free forex transactions

Internet-only South Korean lender Toss Bank has recorded 31.6 trillion won ($22.8 billion) in foreign exchange volume just 18 months after launching the service, driven by its zero-fee policy and rapidly expanding user base. The number of users has reached …

Ecobank posts N352.9bn Q2 profit, N620bn H1 on robust interest, forex gains

Ecobank Transnational Incorporated (ETI), the pan-African has announced its unaudited financial results for the second quarter of 2025, reporting a pre-tax profit of N352.92 billion for the quarter ended June 30, 2025. This marks a 45.86 per cent year-on- …

Howai: Forex fix remains a priority

RECENTLY appointed Central Bank Governor Larry Howai yesterday said finding a solution to Trinidad and Tobago’s foreign exchange challenges remains a priority, even as he admitted a long-term fix is still some way off. Howai made the statement during a …

Naira continues to appreciate against dollar on official market

The naira continued its appreciation against the dollar at the foreign exchange market on Tuesday. Accordingly, the naira strengthened further to N1,533.18 against the dollar on Tuesday, from N1,534.21 traded the previous day. This represents a gain of N1. …

Roots Management Group COO Becomes First Executive to Live in a Company Community

Corey Wikstrom leads by example, showing how manufactured housing offers an attainable path to homeownership. PHOENIX, AZ, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- In a milestone that’s both personal and professional, Roots Management Group …

Validata Group and Mambu Partner to Accelerate Banking Digital Transformation with AI-Powered Technology

LONDON, UNITED KINGDOM, July 30, 2025 /⁨EINPresswire.com⁩/ -- Validata Group is pleased to announce its partnership with Mambu, the leading core cloud banking platform, to enable their clients to innovate faster, accelerate application delivery …

SoftNAS® Surpasses Industry Standards with 40 Concurrent Replications — Outperforming NetApp FSx and FSx for OpenZFS

Buurst announces next-generation replication scalability for enterprise cloud storage workloads, setting a new high-water mark in concurrent replication HOUSTON, TX, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Buurst™, a data performance …

Zeidler Group Expands Marketing Material Review Tool to Cover Securities, including ETCs/ETNs

Zeidler Group is proud to announce the latest enhancement to its flagship, AI-powered Marketing Material Review Tool (MMR-Tool) NEW YORK CITY, NY, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Zeidler Group, a leading legal and compliance …

APEF Offers Free K–12 Financial Literacy Curriculum Just in Time for Back-to-School Season

COLLIERVILLE, TN, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- As educators across the country prepare for a new school year, the APEF is proud to offer free, ready-to-implement tools that make teaching financial literacy easier, more …

Outsourcing accounts payable services cuts costs and boosts accuracy across the USA

Boost financial visibility and vendor trust by outsourcing accounts payable services in the U.S. real estate market. MIAMI, FL, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- To meet the demands of a rapidly evolving property landscape, …

Logic Advance Expands Operations to Manhattan

Logic Advance opens Manhattan HQ, marking a bold expansion in its mission to fuel small business growth nationwide. NYC, NY, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Logic Advance, a trusted leader in alternative business funding, proudly …

Fox Rent A Car Processes Record Volume of Invoices with AI-Powered Vroozi Intelligence

Car rental leader processes 1,800 more invoices monthly with AI-powered automation LOS ANGELES, CA, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Vroozi, a leading provider of AI-powered procurement and accounts payable automation solutions …

Forward Edge-AI Secures U.S. Patent for Fog Computing Cybersecurity System

New edge technology promises secure, resilient communications for military and critical infrastructure networks SAN ANTONIO, TX, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Forward Edge-AI, Inc. today announced that the United States Patent and …

LendingPad Launches Mutual of Omaha Mortgage TPO Integration to Enhance Broker Loan Submissions

Strategic partnership streamlines broker access to Mutual of Omaha Mortgage TPO, driving faster submissions and improved productivity. MCLEAN, VA, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- LendingPad, a leading cloud-native loan …

LendKey and Member Student Lending Award $22,000 in Scholarships to Support College Students

LendKey and Member Student Lending have awarded $22,000 in scholarships to support college students, continuing an annual initiative to help college students. CINCINNATI, OH, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Member Student Lending, a …

Evok Credit Union Marketing Unveils Guide to Help Credit Unions Reach Gen Z

Discover how credit unions can win over Gen Z with bundled financial products and purpose-driven marketing. LAKE MARY, FL, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- As the financial landscape evolves, evok’s credit union marketing is …

ANY.RUN Reveals Major Cyber Attacks in July: Fake 7-Zip App, New DeerStealer Campaign, and More

DUBAI, DUBAI, UNITED ARAB EMIRATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- ANY.RUN has released its July 2025 cyber threat report. The study highlights the most active malware families, infection techniques, and a growing trend: cybercriminals are …

Savant Labs Wins Gold Stevie® Award for Technical Innovation of the Year

Agentic AI analytics platform honored for transforming enterprise analytics with industry-first AI innovation SAN MATEO, CA, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Savant Labs, the leader in AI-powered analytics automation, today …

Absolute Capital Management is Named a Finalist in the Wealth Management 2025 Industry Awards

WIN Platform Recognized in TAMP Model Marketplaces and Wealth and Retirement Integration for Retirement Plan Support Categories PITTSURGH, PA, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Absolute Capital Management – a technology-focused …

Fund Middle and Back-Office Services Put U.S. Hedge Funds Back in Control

U.S. hedge funds streamline reporting by outsourcing fund middle and back-office services for reliability. MIAMI, FL, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- In the evolving financial services landscape, outsourcing has become a …

Fund Middle and Back-Office Services Seen as Investor-Driven Move Among U.S. Hedge Funds

Hedge funds adopt fund middle and back-office services to enhance efficiency, accuracy, and compliance. MIAMI, FL, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Recently, the financial services industry has witnessed a significant uptick …

AIFOD Summit at UN Vienna Reveals Game-Changing Frameworks for Inclusive AI Financing

Government ministers, ambassadors and UN agencies unveil practical frameworks for public-private partnerships in AI VIENNA, AUSTRIA, July 30, 2025 /⁨EINPresswire.com⁩/ -- The AI For Developing Countries Forum (AIFOD) intensified its groundbreaking …

Blujin, Corp. to Debut Resume Explorer at HR Tech 2025

For the First-Time Anywhere, Blujin Will Be Showcasing the Next Generation in Resume Matching and Ranking for Recruiting and Talent Acquisition NEW YORK, NY, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Blujin, Corp. to Debut Resume …

Hire Ventures Unveils HelloHR

New Service Delivers Virtual, On-Demand HR Support Specifically Designed for Small Businesses, Startups and Solo HR Leaders ATLANTA, GA, UNITED STATES, July 30, 2025 /⁨EINPresswire.com⁩/ -- Hire Ventures, Inc., a woman-owned HR and Recruiting …