The Global Banking & Finance Review Awards Program has officially opened nominations for Best New Forex Bank 2026, inviting ...

The Global Banking & Finance Review Awards Program has officially opened nominations for Fastest Growing Forex Bank 2026, ...

FRANKFURT, Jan 22 (Reuters) - Euro area banks might ‌find it hard to finance ‌themselves on the market, particularly in U.S. dollars and other foreign currencies, if high geopolitical uncertainty ...

Excess US dollar liquidity and the decision by the Central Bank of Kenya (CBK) to hold the Kenya shilling steady at around Sh129 against the American currency has curbed banks’ revenue from foreign ...

Okorafor said that the Bank acted promptly and proactively in line with its promise to keep the market liquid. The CBN acting Director, Corporate Communications, Mr Isaac Okorafor, who gave a ...

Central bank announcements are among the most significant market-moving events in forex trading. Interest rate decisions, policy statements, and press conferences from institutions such as the Federal ...

USD forex rates offered by major banks and travel operators across wire transfers, forex cards and cash transactions ...

The proposed one-off tax on 2023 foreign exchange (forex) gain by banks may fetch the Federal Government not less than N2trillion, it was learnt at the weekend. President Bola Ahmed Tinubu hinted at ...

MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its bottom-line, the Reserve Bank (RBI) asked all banks with large forex ...

Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, yesterday defended the Federal Government’s proposed one-off levy on the 2023 foreign exchange (forex) windfall by banks.

(Bloomberg) -- Nigerian President Bola Tinubu plans to slap a one-time 50% tax on windfall profits booked by banks on massive currency gains after the naira was devalued last year. The move, detailed ...