China's central bank moved to slow the pace of yuan appreciation ‌on Friday, scrapping risk reserves requirements for ‌forex forward contracts in a move that would encourage dollar buying. The ...
Learn about the USD/CAD currency pair, which defines the exchange rate between U.S. and Canadian dollars, essential for forex trading insights.
Learn about quanto options, which mitigate currency risk by settling in a stable currency, and understand their benefits and ...
BRITISH investors are facing a major shake-up as the taxman prepares to boot cryptocurrency out of popular Stocks and Shares ISAs. From April 6, a new rule from HM Revenue & Customs (HMRC) ...
Many credit cards and merchants charge a fee for paying in U.S. dollars abroad, which you ultimately see on your credit card ...
The dollar is in decline, and investors have to learn to live with it.
CA explains FEMA status change rules for returning NRIs, covering NRE NRO redesignation, FCNR continuation, RNOR taxation, ...
Increased opportunities to hedge foreign exchange risk and longer trading hours are at the heart of a proposed overhaul by RBI to liberalise a.
A former FBI agent, who worked 14 years investigating illicit finance cases, said the ransom note could be the opportunity to find Nancy Guthrie.
Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...
China needs to build a “strong currency” that can become widely used in international trade, investment and foreign exchange markets, and reach the status of a global reserve. The mission for the yuan ...
The dollar dropped to its lowest point in four years on Tuesday against a basket of currencies, hitting multi-year lows against the Euro and the pound as it fell 3% in roughly a week. That slide has ...