A confident Chair Powell declared a hold for rates, and sounded a glass-half-full narrative for the US economy; we sniff some ...

Stablecoins like USDT reveal real FX prices in emerging markets, exposing gaps between official and parallel rates.

NEW YORK and SINGAPORE and LONDON, Oct. 20, 2024 /PRNewswire/ -- Bank of America (BAC) is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts ...

SEOUL (Reuters) -The United States and South Korea agreed that foreign exchange interventions should be reserved for combating excessive volatility, without targeting exchange rates for competitive ...

New foreign exchange solution offers market-leading CAD ⇄ USD conversion rates, easing financial strain from currency volatility and rising cross-border costs. Float’s recent survey for The Financial ...

Bloomberg Index Services Limited today announced the launch of Bloomberg FX Fixings (BFIX) value tomorrow outright rates (T+1), the only benchmark on value T+1 basis available to the market.

Rapid globalization has brought exciting times to the foreign exchange (FX) market. With the accelerated rise and integration of artificial intelligence and big data into global finance, FX operations ...

The Nigerian Customs Service, (NCS) has adjusted the foreign exchange rate for its tariffs and duties by 1.59% from ₦770.88/$ to ₦783.174/$. The rate change which was updated on the single window ...

Although the authorities say the foreign exchange rate is now fully market-determined, the International Monetary Fund (IMF) has described the system as “incomplete”.