For many, the word ‘forex‘ evokes images seen on social media: luxury cars, quick fortunes, and charismatic influencers touting guaranteed trading success. This high-octane portrayal, focused on rapid ...
The foreign exchange market is the largest market in the world. It sees trillions of dollars exchanged daily through the buying and selling of currency pairs. It’s one of the most important financial ...
The reforms in the foreign exchange (forex) market have significantly improved valuation transparency in companies and enabled more foreign investors to invest in the economy, President, Association ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The foreign exchange market (dubbed ...
The Central Bank of Nigeria has sold $50 million to authorised banks and dealers, in a move to ease pressure on the naira as ...
Many international corporations routinely use forward outright contracts to hedge FX market exposures against adverse moves and help stabilize their foreign currency cash flow. Unlike currency futures ...
India’s foreign exchange reserves fell by USD 2.699 billion to USD 687.034 billion in the week ending November 7, driven by ...
The naira has depreciated across official and parallel markets despite fresh CBN intervention, with new data showing renewed ...
RBI's share in government securities rises to 14.2% as forex reserves dip; learn how this impacts bond yields and market ...
Forex trading is the practice of exchanging a currency for another currency on the international market for purposes of hedging or speculation. The forex market, also known as the foreign exchange ...
There are many terms that are commonly used in forex, and it's important to know them in order to properly understand what is going on. There are many terms that are commonly used in forex, and it's ...