The won surged past 1,480 against the dollar on Wednesday, defying months of government efforts to support the currency and stoking inflation worries, though the central bank says the level is not ...

(Reuters) - Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in an effort to reduce the risks to cross-currency transactions amid ...

"When FX risk is managed appropriately and efficiently, it can bring enormous value to companies that process large volumes of cross-border payments," said Bhupen Velani, head of Transactional FX ...

The foreign exchange rate, often abbreviated as “forex” or “F.X.,” is a fundamental concept in international finance and trade. It plays a pivotal role in the global economy and impacts individuals, ...

“The one-year US rate five-year forwards are a good way to gauge market expectations for FX and this has been in a 3.6% to 4.2% range since last autumn – a range consistent with the dollar moving ...

Below are the most important global events likely to affect FX and bond markets in the week starting May 5. A decision by the U.S. Federal Reserve will be the highlight of the coming week, with rates ...

When it comes to investing in emerging markets, professional investors have traditionally regarded interest rates and exchange rates as two primary asset classes. What are the main drivers and ...

Bloomberg Index Services Limited today announced the launch of Bloomberg FX Fixings (BFIX) value tomorrow outright rates (T+1), the only benchmark on value T+1 basis available to the market.

Ant International’s Falcon TST Model will give Citi’s clients an improved FX risk management solution when selling through e-commerce channels. Pilot airline customer of the jointly-developed solution ...

Global credit rating agency Fitch Ratings has upgraded Nigeria’s credit rating to B, citing a wave of economic reforms that have bolstered policy credibility and eased near-term threats to ...