The 2023 banking crisis, which was sparked by the downfall of Silicon Valley Bank and Silvergate Bank, will continue to rock global financial markets for the foreseeable future. But let’s not forget ...
Central bank announcements are among the most significant market-moving events in forex trading. Interest rate decisions, policy statements, and press conferences from institutions such as the Federal ...
Service exporters now able to retain forex earnings in full The National Bank of Ethiopia (NBE) has introduced an amendment to its foreign currency directive allowing service exporters to retain 100 ...
SINGAPORE, March 27 (Reuters) - The dollar was steady on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over ...
Investors in banking stocks may earn higher returns than several other investors as banks harness the benefits of the cancellation of the multiple foreign exchange (forex) rates by the Central Bank of ...
MUMBAI, Jan 30 (Reuters) - India's foreign exchange reserves rose to a record high of $709.41 billion as of January 23, compared with $701.36 billion a week earlier, the Reserve Bank of India said on ...
ZURICH/LONDON, May 24 (Reuters) - Swiss bank UBS has lost ground to rivals in the $4 trillion a day forex market after technology spending cuts during the financial crisis left the bank's trading ...
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RBI’s dollar buys near 4-year high! Reserve Bank of India’s net forex purchases hit $14.4 billion in March
The Reserve Bank of India's (RBI) net monthly acquisitions in the foreign exchange market reached their highest level in four years during March, as the central bank executed forex swaps to provide ...
NEW YORK/LONDON, March 17 (Reuters) - The dollar fell on Friday as concerns of further turmoil in banking rattled equity markets and sent Treasury yields lower, while driving fears that a recession ...
International travel and overseas education from India have increased steadily over the past decade. Alongside flight bookings and accommodation planning, access to foreign currency has undergone ...
Customers who travel and shop internationally must consider getting an international credit card that has no markup on forex, making their spending hassle-free and leading to long-term savings over ...
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