These include “spot” transactions and “foreign exchange forwards”, among others. A spot transaction is an agreement to physically exchange currencies within the customary timeline for the ...

Taiwan's central bank said on Friday that banks should follow foreign exchange settlement rules, after the Taiwan dollar ...

The scale of foreign exchange derivative transactions increased by $2.73 billion (+6.5%) to $44.81 billion during the same period. Among these, the volume of forward transactions was $13.41 ...

Nigeria’s journey on BCSA with China began with a series of forward-looking policy decisions ... is designed to eliminate the need for a third-party currency, usually the US dollar. for transactions ...

For instance, non-deliverable foreign exchange forwards (NDFs ... But over the years, the BSP had to tighten the rules on NDF transactions. This was due to their tendency to directly or indirectly ...

EUR/USD surrenders some of its intraday gains as the US Dollar pares some losses. Meanwhile, the Euro (EUR) trades higher ...

Bermudian-based trading platform 24X Bermuda Ltd, known as 24 Exchange, has launched a new offering in its suite of foreign ...

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the ...

The naira remained stable across foreign exchange (FX) markets on Monday, supported by steady inflows, with non-bank financial institution ...

A Taiwan-dollar derivative that’s popular with the island’s largest life insurers is pointing to further gains for the ...

"With due deference and without prejudice to the principle of sub-judice, this press release is to inform and reassure our ...

1a(24) of the CEA defines “foreign exchange forwards” as “a transaction that solely involves the exchange of 2 different currencies on a specific future date at a fixed rate agreed upon on ...