Foreign Exchange Trades

Friday, 01 December 2023

Latest News for: Foreign exchange trades

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Syrian regime and dollar crisis: Ineffective economic policies in face of shortages

Enab Baladi 01 Dec 2023

The regime’s steps to control the exchange rate, including mandating payment of government service fees in US dollars, do not appear to be of much help in securing Syria’s foreign exchange or controlling the trading rate ... There are several bulletins in Syria for foreign exchange rates against the pound, three of which are announced on a daily basis.

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The rise of Forex trading in South Africa: An economic perspective

Mail Guardian South Africa 01 Dec 2023

Forex trading has become a channel for foreign capital inflows, bolstering the country’s foreign exchange reserves and contributing to financial stability ... Active trading has bolstered the nation’s foreign exchange reserves, providing a buffer against economic shocks and contributing to national financial stability.

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Forex swings will upend lucrative yen carry trade

Reuters 01 Dec 2023

HONG KONG, Dec 1 (Reuters Breakingviews) - Foreign exchange investors have been enjoying a quiet, rich life ... But as central banks start moving in the opposite direction, those “carry trades” will become a lot riskier ... Foreign exchange traders beg to differ ... But the foreign exchange waters have been unusually calm.

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Chinese yuan weakens to 7.1104 against USD Friday

Xinhua 01 Dec 2023

dollar Friday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is ...

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Pakistan's trade deficit narrows by 33.5%, imports down by 17.3%

The News International 01 Dec 2023

Recent data released by the Pakistan Bureau of Statistics (PBS) has shown that the country's trade deficit has witnessed a whopping 33.59% with a notable 17.3% decrease in imports as the country struggles to improve the economic indicators amid depreciating local currency and depleting foreign exchange reserves.

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Market exchange rates in China -- Dec. 1

Xinhua 01 Dec 2023

1 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System . ... in international foreign exchange markets on the same business day ... exchange market.

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Hot money outflows total $328 M in October

Manila Bulletin 01 Dec 2023

It is required only if the investor or its representative will purchase foreign currency from AABs or their subsidiary/affiliate foreign exchange corporations for repatriation of capital and remittance of earnings that accrue on the registered investment, said the BSP.

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China's benchmark interbank gold prices lower Friday

China.dot.org 01 Dec 2023

1 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were lower Friday, according to the China Foreign Exchange Trade System.

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CySEC reports a 12 per cent rise in supervised entities

CyprusMail 01 Dec 2023

What is more, Karatzias further highlighted CySEC’s expanded supervisory role over Crowdfunding Service Providers, the Cyprus Stock Exchange (CSE), and a Multilateral Trading Facility, the CSE’s ‘New Market’. CySEC also oversees 52 companies listed on the CSE and 11 securities issuers traded on foreign exchanges.

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Stock Market Today: Stocks edge lower with Fed Chair Powell's speech in focus

Tyler Morning Telegraph 01 Dec 2023

equity futures slipped lower Friday, while the dollar inched higher on foreign exchange markets and Treasury yields steadied, as investors kicked off the first day of December trading focused on economic-activity data and a key speech from Federal Reserve Chairman Jerome ...

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Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for November 2023, includes Reg.-NMS ...

The Joplin Globe 01 Dec 2023

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, and foreign exchange around the clock on over 150 markets in numerous countries and currencies, from a single unified platform to clients worldwide.

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Rupee closes 7 paise firmer at 83.30 against US dollar

Business Line 01 Dec 2023

At the interbank foreign exchange, the rupee opened stronger at 83.29 against the dollar and traded between the peak of 83.25 and ...

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Banks seen posting higher yields

The Manila Times 01 Dec 2023

Maybank expects that banks' net interest income will increase by 4.0 to 10 percent in 2024 and loans are expected to grow by 8.0 to 15 percent ... It said BDO's earnings for the first nine months of 2023 surpassed expectations due to higher-than-anticipated trading and foreign exchange (forex) gains ... ....

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Former shipping captain loses Rs 37 lakh in Forex scam

CryptoNewsZ 30 Nov 2023

Sharma convinced the complainant to invest in foreign exchange through his forex trading app to get a bonus of $300 and profit margins ranging between Rs.50,000 to Rs ... According to the Foreign Exchange Management Act of 1999, forex trading on unauthorized platforms or fake forex trading apps is considered a penal offense.

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The Rupee sees a modest gain against the USD in early trade

CryptoNewsZ 30 Nov 2023

From a broader perspective, foreign exchange trading is indeed affected by every little market movement ... The foreign exchange market has yet to reflect on its development, as integration with select countries will yield results only after a couple of months.