Foreign Exchange News Monitoring

Israeli forces raid foreign exchange shops in occupied West Bank; one dead 

Israeli forces have raided money exchanges across the occupied West Bank, using live fire and tear gas as they stormed the city of Nablus, killing at least one Palestinian and wounding more than 30. Exchange shops in the cities of Ramallah, Nablus, Hebron …

Decline of 7.9% in coal imports in FY25 results in foreign exchange savings of Rs 60,682 cr

The country's coal import has dropped by 7.9 per cent to 243.62 million tonnes (MT) in FY25 and has resulted in foreign exchange savings of around USD 7.93 billion. The country's coal import stood at 264.53 MT in FY24, the coal ministry said in a …

Latest News | Decline of 7.9 Pc in Coal Imports in FY25 Results in Foreign Exchange Savings of Rs 60,682 Cr

New Delhi, May 27 (PTI) The country's coal import has dropped by 7.9 per cent to 243.62 million tonnes (MT) in FY25 and has resulted in foreign exchange savings of around USD 7.93 billion. The country's coal import stood at 264.53 MT in FY24, the …

NBG replenishes foreign exchange reserves by $266.4 million

Tbilisi (GBC) - The National Bank of Georgia (NBG) made a net purchase of 266.4 million USD as a result of foreign exchange interventions on the Bmatch platform in April, - according to the data from the NBG. As a result, the country's international …

Over 60000 Crore saved in foreign exchange as coal imports drop 7.9 percent

India saved  Rs 60681 crore or $7.93 billion in foreign exchange after the country’s coal imports fell by 7.9 percent in the financial year 2025. India’s total coal import stood at 243 million metric tonnes in FY25, which was about 21 million metric tonnes …

Foreign exchange student from Bangladesh reflects on year in Maricopa

Tayeba Tashbiba Waliza packed in a hurry.  She had four days between finding out she was leaving her hometown in Bangladesh and boarding a plane to Washington, D.C. It wasn’t enough time to say goodbye properly. It wasn’t enough time to overthink or even …

Israeli forces raid foreign exchange stores across West Bank

Minister: Azerbaijan's foreign exchange reserves exceed foreign state debt by 14 times

Azerbaijan's foreign exchange reserves have exceeded its external public debt by 14 times, Azerbaijan's Finance Minister Sahil Babayev said this at today's meeting of the Milli Majlis (Azerbaijani Parlaiment) Committee for Economic Policy, …

Africa’s cross-border payments market to hit $1 trillion by 2035—Report 

Africa’s cross-border payments market is projected to triple in size over the next decade, reaching $1 trillion by 2035, up from $329 billion in 2025, according to a new report by Oui Capital, an Africa-focused venture capital firm. The sector is expected …

Taiwan’s currency destabilized by US trade deal with Trump, signalling escalating currency and trade wars

The value of the Taiwan dollar (TWD) against the US dollar jumped by approximately 10 percent in a few days in May. This sparked public speculation and concern over any undisclosed concessions made by President Lai Ching-te’s government to secure a trade …

Forget Stocks, These Currency ETFs Are Where Tactical Traders Can Park Their Cash

While equities hog the headlines, currency ETFs have moved in as the quiet masters of smart money, particularly during periods of macro noise such as today. Amid Japan’s surprise bond pivot and Fed policy mired in “wait-and-see,” these funds are providing …

Naira weakens to N1,583/$1 at official market as FX reserves dip and BDC reforms loom

The naira began the week on a weaker footing, depreciating to N1,583/$1 on Monday at the official market. This marks a decline from N1,579/$1 recorded on Friday, according to data from the Central Bank of Nigeria (CBN) website. This comes after the …

Cedi to sustain gains in quarter 2 amid improving market confidence – Databank

 The Ghana cedi will sustain gains in quarter two amid robust foreign exchange support and im­proving market confidence. According to Databank Re­search, its forecast was under­pinned by Bank of Ghana’s con­tinuous market support, volatile US dollar, and …

Naira Strengthens As Dollar Supply From Exporters Lifts Market Liquidity

The Nigerian Naira posted strong gains last week against the US dollar in the official foreign exchange market, buoyed by significant inflows from exporters. According to data from the Central Bank of Nigeria, the exchange rate improved to ₦1,579.40/$, …

NCR Nigeria posts N134m profit in Q1 as FX pressures ease

NCR Nigeria Plc has recorded a profit after tax of N134.6 million in the first quarter of 2025, a turnaround from the N429.7 million loss it reported in Q1 2024. This rebalance stems almost entirely from the non-recurrence of a one-off foreign-exchange …

Georgia’s Central Bank Boosts FX Reserves by $266.4 Million in April

The National Bank of Georgia (NBG) continued its strategy of strengthening the country's international foreign exchange reserves, adding $266.4 million through market interventions in April. As a result, total reserves stood at $4.52 billion by the end …

Coal imports fall 7.9% to 243.62 MT in FY25; forex savings of $7.93 billion recorded

New Delhi: India’s coal imports declined by 7.9 per cent to 243.62 million tonnes (MT) in the financial year 2024-25 from 264.53 MT recorded in the previous year, leading to estimated foreign exchange savings of $7.93 billion (₹60,681.67 crore), according …

Nigerian Manufacturers ‘Harassed’ Over FX Contracts, Lobby Says

(Bloomberg) -- Nigerian manufacturers say they’re being “harassed” by lenders over outstanding forward foreign exchange contracts with the central bank. The contracts are a legacy of the West African nation’s old fixed-currency regime, which was relaxed in …

FX Daily: Constrained Dollar, Global Euro?

Image Source: Unsplash   Tariff drama left the dollar weaker in April, and the recent short-lived Trump-EU spat is no exception. With market concerns on the US deficit still playing a role, the downside risks for the dollar remain tangible, unless data …

Drummond Certifies 11 AS2 B2B Solutions in Second Quarter 2025

Leading Global Organizations Participate in Security, Interoperability Test Event DURHAM, NC, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- Drummond, a trusted interoperability, security testing and certification leader in the health IT and …

Jovia Financial Credit Union Announces Appointment of New Chairman and Board Reorganization

WESTBURY, NY, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- Jovia Financial Credit Union, ranked among the nation’s top 100 credit unions and a leading financial institution on Long Island, has announced the appointment of a new Chairman and …

CPA Trendlines' 'The Disruptors' Podcast Hits 100th Episode, Celebrating Innovation in Accounting

Each episode brings accountants new strategies, fresh perspectives, and the courage to disrupt the status quo. NEW YORK CITY, NY, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- CPA Trendlines is celebrating a major milestone as its flagship …

Agentic AI Platforms for Simplified Sustainability Management

As climate commitments and regulations grow complex, Generative AI tech systems are aiming to simplify these rising complex needs. PERTH, WA, AUSTRALIA, May 27, 2025 /⁨EINPresswire.com⁩/ -- As regulatory requirements expand and climate commitments …

SEO in an AI World: Free Webinar Prepares Marketers for the Future of Search

PITTSBURGH, PA, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- With search engines changing faster than ever, digital marketing agency, Direct Online Marketing (DOM) invites digital marketers, SEO professionals, and brand strategists to a free webinar …

FactorFox, FactorEvo & Trucker Copilot Ally with Farelanes to Deliver Smarter Routing & Data-Driven Logistics Solutions

FactorFox, FactorEvo & Trucker Copilot partner with Farelanes to deliver real-time pricing, smarter routing & fraud detection to boost logistics efficiency. WINTER GARDEN, FL, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- FactorFox …

SSOJet Launches Session Management Solution to Combat Revenue Leakage and Security Vulnerabilities in B2B SaaS

New OTP-Based Authentication System Addresses Critical Gap in User Tracking and Account Security for Enterprise Customers SAN FRANCISCO, CA, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- SSOJet, the leading enterprise SSO integration …

Silicon Data Launches World's First Daily GPU Rental Index to Bring Transparency to the AI Infrastructure Economy

Silicon Data debuts world’s first daily GPU rental index (SDH100RT) on Bloomberg, bringing pricing transparency to AI infrastructure. NEW YORK, NY, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- Silicon Data, the market intelligence platform …

ENTOUCH Named Business Intelligence Group’s Customer Service Organization of the Year

Defining the Future of the Customer Service Landscape RICHARDSON, TX, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- ENTOUCH, the leader in energy management solutions and smart building technology, has been recognized as a groundbreaking …

Order to Cash Automation Fuels Growth for Wyoming Businesses Facing Financial Challenges

Wyoming businesses boost cash flow and efficiency with secure, cost-effective Order to Cash Automation solutions. MIAMI, FL, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- Wyoming businesses are quickly using Order to Cash Flow to improve …

Invoice Process Automation Powers Faster Financial Cycles for U.S. Companies

Discover ways invoice process automation enhances transparency and controls in U.S. finance teams. MIAMI, FL, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- Automation has become a core element of modern finance, reshaping how organizations …

North Hollywood Production Property Sold in Deal Led by RJ Feder & Associates of Peak Commercial

LOS ANGELES, CA, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- A well-situated TV stage, office, and parking lot property in the heart of North Hollywood, California has been sold in a recent transaction facilitated by Ron Feder and Brooke …

Elite Capital & Co. Appointed as Exclusive Manager of NextGen Industrial Development Fund in Landmark 10-Year Tenure

LONDON, UNITED KINGDOM, May 27, 2025 /⁨EINPresswire.com⁩/ -- Mr. George Matharu, President and CEO of Elite Capital & Co. Limited, announced today that Elite Capital & Co. has been appointed as the exclusive manager of the NextGen …

Artisan Venture Tours Encourages Teams to Try New Experiences Through Bespoke Corporate Retreats

LIVINGSTON, MT, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- In a professional world often defined by screens and schedules, Artisan Venture Tours is inviting teams to reconnect in ways they never imagined—by stepping outside their comfort …

Medical Billing Services in Los Angeles, Now Providing Local Support

Billing Circuit, a trusted provider of medical billing services in Los Angeles, is proud to announce a new offering for healthcare providers - local support LOS ANGELES, CA, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- Billing Circuit, a …

Order to Cash Automation Drives Growth for U.S. Businesses Amid Financial Pressures

Order to Cash Automation helps U.S. businesses boost cash flow, reduce errors, and stay competitive amid financial pressures. MIAMI, FL, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- Amidst reduced profit margins and increased operational …

Order to Cash Automation Drives Growth for Florida Businesses Amid Financial Pressures

Discover how IBN Technologies' Order to Cash Automation boosts Florida businesses with secure, cost-effective automation. MIAMI, FL, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- Businesses in Florida are quickly using Order to Cash …

GenH2’s Cullen Hall to Discuss Hydrogen’s Present and Future during Society of Petroleum Engineers (SPE) Live Webinar

“Hydrogen in Action: Today’s Use Cases and What We Might See by 2050” to Spotlight Current Applications and Future Potential TITUSVILLE, FL, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- GenH2 Corp. (a subsidiary of Philomaxcap AG), a leader …

GasTechno Corp Launches Strategic Partnership Outreach to Advance Global Deployment of GasTechno Energy Centers

GasTechno Energy Centers Deliver Renewable Methanol and Hydrogen BOYNE FALLS, MI, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- GasTechno Corp, a leading cleantech innovator specializing in patented single-step methane-to-methanol conversion …

Steerco Launches First AI-Powered Platform Built For Customer Success Managers

Steerco launches AI-powered platform that automates QBRs, success plans, and account reviews—finally, a tool built for the CSM doing the work. PHOENIX, AZ, UNITED STATES, May 27, 2025 /⁨EINPresswire.com⁩/ -- Steerco, the AI platform purpose-built …