MUMBAI, May 25 (Reuters) - India's central bank will do "whatever is required" to ensure orderly movements in the foreign exchange market, Reserve Bank of India (RBI) Governor Sanjay Malhotra told ...

By Dharamraj Dhutia MUMBAI, May 25 (Reuters) - Indian banks have sought subsidised forex hedging costs from the Reserve Bank of India to raise overseas borrowings, according to three sources, as the ...

The proposed one-off tax on 2023 foreign exchange (forex) gain by banks may fetch the Federal Government not less than N2trillion, it was learnt at the weekend. President Bola Ahmed Tinubu hinted at ...

BB Governor Md Mostaqur Rahman gave the instruction at a meeting between the central bank and treasury heads of commercial ...

The rupee has already depreciated 6% against the US dollar, and DBS Bank analysts now see it in the 95-100 range through the ...

Commercial banks have reviewed their policy on forex sales to Nigerian students abroad and travellers. Quarterly dollar disbursements to customers were slashed, with a limit to students schooling ...

FRANKFURT, Jan 22 (Reuters) - Euro area banks might ‌find it hard to finance ‌themselves on the market, particularly in U.S. dollars and other foreign currencies, if high geopolitical uncertainty ...

Central bank announcements are among the most significant market-moving events in forex trading. Interest rate decisions, policy statements, and press conferences from institutions such as the Federal ...

(Bloomberg) -- Nigerian President Bola Tinubu plans to slap a one-time 50% tax on windfall profits booked by banks on massive currency gains after the naira was devalued last year. The move, detailed ...

The auction was announced a day earlier as part of the central bank’s ongoing efforts to manage foreign-exchange crunch in the banking sector. The central bank has been continuo ...