News

After a decade-plus long lull, FX is finding itself in the centre of the epic storm that has been rocking financial markets ...
The offshore Chinese yuan, the more freely traded version of China's currency, the Japanese yen and the Australian dollar all gained less than 1% against the dollar.
An RBI-appointed panel has recommended retaining current trading hours for forex markets while extending call money market ...
The currency markets are essentially hedging markets which are open for trading from 9 am till 3:30 pm with after-market ...
The dollar was losing steam versus a basket of six major rivals on Thursday and weakened to a three-year low as currency-market traders focused on the lack of certainty in U.S. trade. With the ICE U.S ...
Hong Kong's de-facto central bank said it sold HK$46.54 billion ($6 billion) into the market on Saturday to prevent the local ...
Treasury Secretary Scott Bessent said that rising yields on U.S. Treasurys are a result of normal deleveraging rather than a ...
The currency sales rate in April is the lowest since March last year. In April, the NBU bought USD 0.018 billion on the interbank market and sold USD 2.261 billion. For comparison, in March 2025, the ...
The naira continued its downward trajectory on Tuesday, April 29, 2025, closing at N1,602.02/$1 at the official Nigerian Foreign Exchange ...
China's foreign exchange reserves adhere to the principles of safety, liquidity, and value preservation and appreciation, and ...