The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.

Exchange rates determine how much one currency is worth in terms of another. They are crucial in determining the value of a cross-border transfer, as they directly affect the amount of money the ...

Finance Minister Sitharaman clarifies that the rupee value is market-determined, rejecting claims of devaluation. She ...

The dollar exchange rate will remain stable as the country expects an additional $11-12 billion inflow in the current fiscal year, Bangladesh Bank Governor Ahsan H Mansur said today (10 February). ...

The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...

So where does the spread come from and how is it determined? In order to understand that we need to take a step back and have a wider look at how currency markets and exchange rates work in general.

THE Confederation of Zimbabwe Industries (CZI) Matabeleland Chapter has revealed that regulatory costs now represent 20% of ...

To convert Pounds to Lira or determine the Pound Lira exchange rate simply use the currency converter on the right of this page, which offers fast live exchange rate conversions today! Compare ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

The USD/CHF pair weakens to near 0.9110, snapping the fifth-day winning streak during the early European session on Thursday.

The Bangladesh Bank is expected to continue its contractionary monetary policy for the second half of the current fiscal year while maintaining the policy rate unchanged at 10%, as the rising ...