Foreign exchange

Foreign exchange may refer to:

Finance

Foreign exchange markets, where money in one currency is exchanged for another

Exchange rate, the price for which one currency is exchanged for another

Foreign exchange reserves, holdings of other countries' currencies

Foreign exchange controls, controls imposed by a government on the purchase/sale of foreign currencies

Retail foreign exchange platform, speculative trading of foreign exchange by individuals using electronic trading platforms

Foreign exchange risk, arises from the change in price of one currency against another

International trade, the exchange of goods and services across national boundaries

Foreign exchange company, a broker that offers currency exchange and international payments

Bureau de change, a business whose customers exchange one currency for another

Currency pair, the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market

Digital currency exchanger, market makers which exchange fiat currency for electronic money

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Foreign_exchange

Latest News for: Foreign exchange trades

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KoinKoin Announces Full Launch Of Digital Assets Exchange Services in Nigeria

The Bitcoin News 06 Jun 2020

All transactions are completed in Ethereum allowing both buyer and seller from various regions across Africa to trade without the hindrance of foreign exchange whilst simultaneously offering privacy and confidentiality for all completed sales....

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Mubadala-backed fund acquires minority stake in London-listed Finablr

The National 06 Jun 2020

Britain’s market regulator on Monday suspended trading in Finablr, the payments and foreign exchange company founded by billionaire BR Shetty, after its chief executive stepped down and the board warned it was unable to assess its financial position ... according to exchange data....

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Forcing Chinese firms off American stock markets will backfire on US, Beijing warns

Russia Today 05 Jun 2020

The statement comes as the Trump administration seeks ways to crack down on Chinese companies, making it harder for them to trade on foreign exchanges ... As financial markets have become another front of US-China tensions, more Chinese firms are considering listing on the Hong Kong exchange....

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Yuan on course to snap longest weekly losing streak in over a year

Canada Dot Com 05 Jun 2020

and led the yuan higher,” a trader at a foreign bank said ... United States was unwilling to have another trade war and would. refrain from canceling the Phase 1 trade deal immediately ... The offshore yuan was trading at 7.107 per dollar ... China’s May trade and foreign exchange reserve data will be ... *Divergence of the dollar/yuan exchange rate....

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The US economy: For whom the bell tolls

Manila Standard Today 05 Jun 2020

The law is premised at preventing the use of foreign currency for terrorism, financing criminal syndicates, smuggling of arms and drugs ... Eighty-seven percent of all worldwide foreign exchange transaction involves the use of US dollar. According to SWIFT, more than 80 percent of trade finance in 2013 was conducted in US dollars....

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China's benchmark interbank gold prices lower Friday

China.dot.org 05 Jun 2020

BEIJING, June 5 (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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India remains a top destination for global investors: Deutsche

The Times of India 05 Jun 2020

... remains relatively healthy, with foreign exchange reserves closing in on $500 billion ... Every area across corporate and institutional cash management, trade finance, securities services, Trust and agency services and foreign exchange have a substantial presence in the country....

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Germany Largest Bank to Roll out E-FX Trading in Singapore

Finance Magnates 05 Jun 2020

Deutsche Bank will reportedly launch an electronic foreign exchange pricing and trading engine in Singapore, where demand for currency trading among institutional players is on the rise. The launch is in line with the plans of the Monetary Authority of Singapore (MAS) to develop the country as Asia Pacific’s FX trading hub....

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MultiChoice expects profit increased by at least R700m

Business Day 05 Jun 2020

The group attributed the results to an improvement in trading performance ... The company also said it had higher unrealised foreign exchange losses due to weaker local currencies, primarily the rand. Trading profit is expected to be between R700m and R1.1bn higher than ......

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China's interbank treasury bond index closes lower

China.dot.org 05 Jun 2020

... 993.74 points Friday, according to the China Foreign Exchange Trade System....

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ASIC Cancels AFS Licence of OTC Derivatives Issuer Forex CT

Finance Magnates 05 Jun 2020

Before having its licence cancelled, Forex Capital Trading, also referred to as Forex CT, offered trading in contracts for difference (CFDs) and margin foreign exchange (forex) contracts ... 2020 Trading Cup Gets Off to a Flying StartGo to article >>....

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'Large renminbi depreciation unlikely'

China Daily 05 Jun 2020

"The recent fluctuations in the yuan exchange rate were largely due to trader sentiment, rather than a reflection of the economic fundamentals ... The last time the Chinese currency fell beyond that point was in early 2008 during the global financial crisis, according to data from the China Foreign Exchange Trade System....

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Naira signals strength at N387.50k to dollar

Business Day Online 04 Jun 2020

The foreign exchange market is signaling an appreciation in the value of the Naira as it opened with the dollar trading at N387.50k on Thursday morning at the Investors and Exporters (I&E) forex window....