The forex market has built a reputation for resilience and it continues to prove that even when the world feels unpredictable, liquidity remains strong. You can count on the market’s scale, its ...

If you’ve ever made an international payment through a traditional bank, you’ll know the challenges involved: high fees, slow processing times, and poor customer service – with regulatory ...

On July 27, the foreign exchange trading market (forex) settlement powerhouse CLS reported it was in the final stages of testing its blockchain payment service for banks. However, while the service is ...

NEW YORK/LONDON (Reuters) - Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and, with two others, were fined nearly $6 billion in another settlement in a ...

The contraction in forex income across all top banks reflects subdued activity in currency markets after the shilling’s ...

The new strategy of the Central Bank of Nigeria (CBN) to meet all legal demand for foreign exchange (Forex) has led Money Deposit Banks to contend with expending all the dollars in their possession. A ...

Bangladesh Bank purchased $202 million from 13 commercial banks on Tuesday to stabilise the foreign exchange market and ...

It's a challenge familiar to any company with regular forex exposure; how to hedge the multitude of micro transactions they need to do. And a solution has always proved elusive, until now. With the ...

The Central Bank of Nigeria (CBN) yesterday sanctioned 12 banks for manipulating its foreign exchange forex policies. It barred the banks from accessing forex from the newly instituted SMEs Forex ...

MOSCOW, Feb 21 (Reuters) - Russian banks increased their liquid assets held in foreign currencies by $8.5 billion in January to $53.5 billion, the central bank said on Monday, in a sign lenders may ...