Remember the days of queuing at money changers in Mustafa or Change Alley, hoping for the best exchange rate-then clutching ...

There's no doubt that traveling abroad can be expensive. Accounting for expenses including airfare, hotel stays, meals and excursions, you'll need to budget and save for a big trip so you don' ...

Exporters can keep the foreign exchange proceed in a Foreign Currency Account at International Financial Services Centre (IFSC) for a period of three months. However, for accounts opened in any other ...

Another important thing for Moroccan businesses is that they have clearer visibility of their cash flows across currencies. Rather than juggling separate bank accounts and wondering where your foreign ...

The rates and swap durations have not yet been finalised, but the Bangladesh Bank will soon issue a detailed circular specifying them ...

Under the proposed system, exporters will be able to obtain taka against their ERQ-held foreign currency for a fixed term and later receive the same amount of foreign currency back after returning the ...

The State Bank of Pakistan (SBP) has kept its policy rate steady at 11 percent, in line with market expectations, following ...

RBI Deputy Governor T Rabi Sankar says rupee internationalisation aims to cut risk, not replace the dollar, as he flags ...

On Monday, the Wall Street Journal reported that a group of U.S. banks, including JPMorgan Chase, Bank of America and Goldman ...

Several central government initiatives saw the light of the day on October 7. Among key measures was the launch of a central ...

Mumbai: The Reserve Bank's gold reserve has increased 25.45 metric tonnes to 880 metric tonnes in the last 12 months till ...

The average daily foreign exchange turnover of $9.6 trillion in April was fueled by the fallout from US President Donald Trump’s “liberation day” tariffs. That made it a very volatile month for ...