Central bank will keep intervening in the forex market through dollar buy-sell and a currency band will be maintained ...

In the foreign exchange markets, traders buy and sell currency in large lots rather than individual units. The largest lot is a standard lot, representing 100,000 of a base currency. Using ...

Standard Chartered has hired John Newman as global head of rates and foreign exchange trading. Newman joined the UK bank last ...

and then take advantage of any misevaluations of currencies by buying and selling in different foreign exchange markets. A foreign exchange trader manages an account, looks at reports, reads the press ...

The world’s major economies pegged a specific amount of respective currencies to an ounce of gold – the difference in price became their exchange rates. Following the rejection of the proposed ...

The dollar price for import LC (Letter of Credit) remained stable at Tk122 as most banks decided to trade at this rate today (15 May), the second day after the Bangladesh Bank directed banks to ...