NEW YORK and SINGAPORE and LONDON, Oct. 20, 2024 /PRNewswire/ -- Bank of America (BAC) is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts ...

A confident Chair Powell declared a hold for rates, and sounded a glass-half-full narrative for the US economy; we sniff some rates upside ahead. In the eurozone, a stronger euro is unlikely to push ...

Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the industry. The rise in e-commerce businesses, ...

Discover how Forex arbitrage allows traders to profit by simultaneously buying and selling currencies in different markets, ...

Bloomberg Index Services Limited today announced the launch of Bloomberg FX Fixings (BFIX) value tomorrow outright rates (T+1), the only benchmark on value T+1 basis available to the market.

The Nigeria Customs Service (NCS) has clarified that it does not determine or alter foreign exchange (FX) rates used for import and export valuation.

CBN has approved the participation of licensed bureau de change operators in NIFEM allowing them to buy foreign currency ...

The curve edged higher on the smidgen of reduced negative commentary from the FOMC statement, and the commentary from Chair Powell subsequently copper-fastened the market notion that rate cuts are off ...