There are several reasons behind Japan’s dominance in the retail FX market, accounting for nearly 30% of global retail volumes.
There is a strict ceiling of Tk 122 per USD, which, according to market insiders, is enforced through moral suasion by phone ...
Market participants are expecting additional liquidity support via variable rate repo (VRR) auctions and open market ...
At TraditionData, we source financial market data directly from Tradition, one of the world’s leading interdealer brokers.
Balancing surveillance with market freedom is tricky. Past well-meaning interventions led to negative outcomes, where foreign ...
ADB's pioneering efforts in issuing local currency bonds over the past 20 years have not only mitigated currency risks for borrowers but also opened local markets to foreign investment and development ...
There is no doubt that the foreign exchange market is the heartbeat of Nigeria’s economic and business growth, and there is a need to equip it with the necessary tools to perform optimally. One of ...
Though the RBI cut the Repo rate, the markets were not very enthused as the reduction was on the expected lines and they were hoping for a change in the stance from neutral with more liquidity ...
Without giving away much on whether more rate cuts are on the anvil, or if the RBI has plans to defend a falling Rupee, ...
However, with the FX Code, Nigeria is signaling its commitment to a new era of transparency and accountability. The code is ...
Forex traders said the rupee is trading with a negative bias because of the global trade war, with market participants mulling the impact of tariffs being imposed by the US and China.
Corporate treasurers are ramping up efforts to guard company earnings against more dollar strength, a move that some analysts ...