SEOUL, Sept 26 (Reuters) - South Korea's president vowed to open its currency market for around-the-clock trading, giving easier access to foreign investors as the country seeks to boost the domestic ...
BEIJING, Oct. 27 (Xinhua) -- China's foreign exchange (forex) regulator will roll out new policies aimed at promoting innovative growth in trade, said Zhu Hexin, deputy governor of the central bank ...
LONDON, Sept 30 (Reuters) - Global currency trading volumes soared to a record $9.6 trillion a day in April as Donald Trump's 'Liberation Day' U.S. trade tariff blitz triggered widespread market ...
So, only around 1% of global foreign exchange trading relates to international trade. Most foreign exchange trading is therefore not importers buying foreign currency to purchase goods from their ...
Global trading of the Chinese yuan has surged to $817 billion a day, extending a decade-long trend with volumes nearing those of the British pound, according to the Bank for International Settlements.
The Trump administration has warned its major trading partners that it is going to get tough on what it views as “unfair” trading practices, though it held off labeling any nation a currency ...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Nigeria is developing a new framework to enable the use of national currencies in bilateral trade settlements. Speaking at a ...
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