#foreign exchange
articles
Nigeria's CPPE: Reversing Economic Reforms Would Hit FX Stability and Investor Confidence
The private-sector lobby CPPE says Nigeria's economic reform scorecard shows stronger revenues, reserves and GDP growth,...
Smaller Cities Now Generate Most of India's Foreign Exchange Demand
A Thomas Cook India report shows tier-2 and tier-3 cities account for 53% of forex demand, with leisure travel at 57% of...
Mozambique Cuts Foreign Card Payment Limit to €40,700 a Year
Banco de Moçambique has halved the annual cap on foreign card payments from €81,400 to €40,700 per cardholder, tightenin...
NBB Launches Multi-Currency Debit Cards for Bahrain Customers
Bahrain's National Bank of Bahrain has launched a multi-currency debit card feature, letting Express Saver customers hol...
US and Japan Step In to Halt Yen's Slide in First Joint Intervention Since 2011
Washington and Tokyo bought yen for the first time since 2011 after the currency hit a 40-year low, warning they stand r...
China's SAFE Outlines FX Opening and Stability Plans for Second Half
SAFE pledges to extend cross-border FX facilitation nationwide, support e-commerce and service trade — while strengtheni...
Trump Confirms US Joined Yen-Buying Intervention as 'Gesture of Friendship' for Japan
US President Donald Trump confirmed Washington helped buy yen in a rare coordinated intervention with Japan, after the c...
Trump Confirms US Joined Japan's Yen Rescue, Calling It a 'Sign of Friendship'
Donald Trump confirmed US participation in supporting the yen — reportedly the first coordinated US-Japan intervention i...
Colombia's Strong Peso Adds 94% to Dollar Cost of Social Housing for Diaspora Buyers
A 23.7% minimum-wage hike and a surging peso have pushed the dollar price of a VIS home up nearly US$40,000 in one year,...