Despite its importance, foreign exchange often remains an overlooked aspect of business strategy. Understanding how to ...
The buying price for a currency exchange rate, also known as the bid price, can be thought of as the exchange rate at which the MARKET is willing to BUY at. The selling or 'ask' rate is the ...
Fast-growing Nonco believes the $235 billion market for digital dollars, pesos and reals can vastly improve foreign exchange ...
When you open your trading terminal, along side the the mid-market exchange rate for a currency pair, you usually see the buying rate (aka bid) and selling rate (aka ask) given these are the price ...
The current trend is a source of worry to stakeholders. The widening gap between the official and parallel market rate ...
KARACHI: The State Bank of Pakistan (SBP) purchased $5.5 billion from the banking market during the June-December period and the market expects the total amount of dollars bought at the end of current ...
Stocks closed broadly higher as Wall Street navigates through the uncertainty of a trade war. The S&P 500 jumped 1.8% Monday.
Dar es Salaam. In alignment with its Foreign Exchange Intervention Policy of 2023, the Bank of Tanzania has recently ...
The Nigerian currency, the naira, depreciated again in the Nigerian Foreign Exchange Market (NFEM) and gained in the parallel ...
As traders await the FOMC's decision, recent movements in the dollar-yen exchange rate reveal a current struggle to hold above the significant 150 yen level. Earlier in the session, the dollar briefly ...
Nifty and Sensex trim early losses, bonds hold steady and currency strengthens on the day Trump's widespread tariffs causes ...
The National Bank of Ukraine (NBU) increased net foreign exchange sales on the interbank foreign exchange market in the ...