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    Forex reserves marginally up to USD 393.734 bn

    The country's foreign exchange reserves increased by USD 16.6 million to USD ... pound and yen held in the reserves. Forex reserves had touched a record high of USD 426.028 billion in the week to Apri...

    ‘Forex ban on fertiliser import shows forex crisis rife’

    “Most of our foreign exchange comes from oil receipts ... He said importers of fertilisers will now resort to the parallel forex market to source dollars to import fertilisers. He said it was a wise m...

    Forex to deplete further if dollar rate not raised: SBP chief

    ISLAMABAD: The Governor of State Bank of Pakistan, (SBP) Tariq Bajwa, said on Thursday that foreign exchange reserves would deplete further if the dollar exchange rate against Pak rupee was not jacked ...

    Tech Analysis: EUR/USD Forex Rate Fails To Rally Despite ECB Decision

    The EUR/USD forex pair has been in a fairly tight and congested range ... Above: EUR/USD continues to constrict The current chart shows the EUR/USD exchange rate inside the geometry of Gann’s square o...

    Raid on forex agents stashing money abroad

    KOLKATA: Some foreign exchange agents operating on Free School ... According to the officers, the forex agents accepted cash from a sender and then deposited it in the offshore account of a ...

    UAE Exchange Expands Partnership with Ripple to Launch Remittance Service

    UAE Exchange, a Forex exchange and payment provider based in the United Arab Emirates (UAE), is about to launch a cross-border remittances platform in collaboration with Ripple, Reuters reported on Th...

    Why Tanzania Govt Shut Down Forex Exchange Bureaux

    Tax evasion and unlicensed traders are some of the reasons for the shutdown in November by President John Magufuli. This as the country's Reserve Bank Governor Florens Luoga assured that all ...

    CBN removes fertilizer from forex transactions, goes tough on defaulters

    The CBN, by the action, has added fertilizer to the list of 42 items classified as ‘not valid for foreign exchange’ in the Nigerian forex market. The apex bank disclosed this on Monday in a circular o...
 

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