The conditional deal would combine payment technology with structured FX products to create an expanded alternative banking solution ...

A nation can turn to its foreign exchange reserves in case of emergencies, such as meeting deadlines on overseas debt payments ... collapse of the Bretton Woods system in the 1970s, the U.S ...

has announced changes to the foreign exchange sourcing and documentation requirements for transactions conducted through the Pan-African Payment and Settlement System (PAPSS) in Nigeria.

MOSCOW, December 17. /TASS/. Creating BRICS own system of payments and settlements is not hypothetical, but real, Russian Deputy Foreign Minister and BRICS Sherpa Sergey Ryabkov said in an ...

The CBN also stated that Authorized Dealer Banks (ADBs) can now source foreign exchange for PAPSS settlements directly from the Nigerian Foreign Exchange Market, without relying on the CBN.