Finance minister Nirmala Sitharaman reviewed the progress of the RBI's swap facility schemes during an interaction with ...

Learn how the interbank market enables global banks to trade currencies, manage risks, and take speculative positions.

Sterling's recent runup comes despite traders pricing in the possibility of an interest rate cut in August from the Bank of England. Decreasing interest rates can traditionally pressure a currency, as ...

The foreign exchange authorities have launched a joint inspection of foreign exchange operations at banks handling foreign currency transactions. This move aims to check for speculative trading or ...

This year’s Best FX Banks Global Winners list recognizes the institutions that distinguished themselves by converting market complexity into opportunity. Foreign exchange markets navigated another ...

Six banks have been fined more than $9 billion so far for attempting to manipulate FX benchmark rates, including the WM/Reuters London 4pm fix, and further fines are still expected. Guy Debelle is the ...

Finance Minister Nirmala Sitharaman will meet public sector bank heads on Monday. The meeting will review progress on ...

More central banks plan to cut their dollar holdings than increase them over the next decade for the first time, according to ...

South Korea's central bank and financial regulator will launch their first joint inspection of major foreign exchange banks in 14 years, stepping up efforts to identify possible speculative trading ...

TAIPEI, May 9 (Reuters) - Taiwan's central bank said on Friday that banks should follow foreign exchange settlement rules, after the Taiwan dollar notably strengthened last week and earlier this week.