Foreign Exchange
Forex Update: India’s Foreign Exchange Reserves Jump by $1.15 Billion to $585.9 Billion
In October 2021, India's forex kitty had reached an all-time high of $645 billion.Gold reserves were up by $1.268...
Iran releases data on daily foreign currency exchange at Currency & Gold Exchange Center
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Asian shares slip further as higher US 10-year Treasury yield pressures Wall St
BANGKOK – Asian shares retreated Friday as the prospect of a 5% yield on the 10-year U.S. Treasury for...
Japanese man detained in March formally arrested in China, reportedly on espionage charge
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Prospect of Prolonged Israel-Gaza War Adds Economic Havoc to Human Toll
As the fighting between Israel and Hamas risks bursting into regionwide chaos, the prospect of a long and potentially...
FMCGs are on track for more forex losses as exchange rate woes continue
The FMCG sector in Nigeria is on track for foreign exchange losses due to ongoing exchange rate challenges. From...
Egypt restricts foreign currency credit card payments
The Central Bank of Egypt moved to restrict foreign currency transactions via credit cards on October 17. The central...
Foreign exchange market to solidify
China has registered net capital inflow so far this month and the basis for the foreign exchange market stability...
Analyzing the Impact of Currency Fluctuations on Earnings Results: What Investors Need to Know
For a while now, every earnings season has had its share of companies blaming the high dollar for disappointing...
Strong U.S. labor market drives record remittances to Mexico
Jesus Cañas and Ana Pranger Remittances from the U.S. to Mexico reached a record $55.9 billion in 2022. Strong...
