Foreign Exchange
Foreign Exchange Rates July 3, 2024
The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 p.m. on July 3, provide...
Dollar supply rises by $172.44m in H1
…External reserves up 3.54% Dollar supply at the official foreign exchange (FX) market surged by $172.44 million in the...
FX volatility indices: useful or not?
Illustration: iStock There is no single measure of implied volatility for FX markets, unlike those that exist for the...
The Freely Convertible Currency Joins the Decline of Foreign Exchange in Cuba
The Freely Convertible Currency (MLC) has joined the decline that has characterized the dollar and the euro this week...
Wall Street hits records as a slowing economy boosts hopes for lower rates
The New York Stock Exchange is seen on Wednesday, July 3, 2024, in New York. Wall Street is leaning...
SPIFFS foreign exchange program restarts
ST. PETERSBURG, Fla. — A St. Petersburg foreign exchange student program with Japan is starting back up after a four-year...
Pakistan’s foreign exchange reserves fall by $239 mn
The State Bank of Pakistan (SBP) said that its foreign exchange reserves had decreased by $239 million due to...
KakaoBank expands FX services with Dollar Box launch
Oh Bo-hyun, foreign exchange (FX) service owner at KakaoBank, speaks during a press conference in southern Seoul, Tuesday. Courtesy...
Emerging market currencies suffer worst start to the year since 2020
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Emerging...
China takes firm steps to prevent exchange rate surge
China has taken firm steps to prevent the risks of exchange rate overshooting, said Pan Gongsheng, Governor of the...
