South Korea to allow foreign firms trade USD/KRW onshore, extend trading hours from July
By Press Room
1 Mins read
SEOUL (Reuters) – South Korea’s foreign exchange authority on Wednesday said it will open its currency market to global traders and extend…
Pakistani rupee slides against dollar and euro; Dirham and Riyal gain ground
By Press Room
1 Mins read
On Tuesday, the Pakistani Rupee experienced depreciation against the US Dollar and the European Euro in both interbank trading and open market…
Sberbank’s leader, Herman Gref, has projected a stable ruble exchange rate at 85-90 rubles/$1 by the end of 2023. The forecast aligns…
EUR/USD stagnates near 1.0700 amid rising USD strength, awaiting Fed insights
By Press Room
1 Mins read
The pair experienced a decline in the American session on Tuesday, stagnating near the 1.0700 benchmark due to diminished buyer interest. The…
CME Group’s (NASDAQ:) spot platform, EBS, has reported a significant drop in average daily currency trading volumes, hitting a two-year low last…
The Indian rupee’s exchange rate fell to 83.2575 against the dollar on Tuesday, reflecting the movements of other Asian currencies. All eyes…
Investing.com – The U.S. dollar rose in early European trade Tuesday, rebounding from recent lows, while the Australian dollar slumped after the…
By Ankur Banerjee SINGAPORE (Reuters) -The dollar advanced on Tuesday as last week’s rally in riskier currencies took a breather, while the…
Investing.com– Most Asian currencies fell on Tuesday as a warning from Federal Reserve officials and signs of more economic headwinds for China…
Swiss National Bank advances with Phase III of Helvetia CBDC pilot program
By Press Room
1 Mins read
The Swiss National Bank (SNB) is progressing with its groundbreaking Helvetia Phase III pilot program, marking a significant shift from the testing…