Kenya’s forex reserves reach Sh$9.26 billion
Kenya's local currency has strengthened against regional and international currencies...
Tag : forex
Axiory Global taps UAE forex market with Dubai operations
Its representative office will cater to private and corporate traders with forex and CFD products in the Emirates...
Is the Euro a threat to European democracy?
Governments face a trilemma where democracy, national sovereignty, and economic integration are mutually incompatible...
Moneycorp licenced to be its fifth forex bank in Brazil
It is the second international banking licence for Moneycorp after the European licence it holds in Gibraltar...
Kuwait firm on keeping discount rate at 3% despite global changes
Kuwait took the decision to keep the discount rate unchanged to maintain the competitiveness of the national currency...
What impact does Brexit have on the pound?
Major Brexit events trigger punctual forex volatility, but the pound stays at a stagnant 25% depreciated level versus the euro and dollar...
Finatext UK launches Pipster to educate new-gen traders
The new trading app aims to improve financial literacy, and make trading more accessible to a new generation of users...
China central bank renews its support of Yuan amid dispute
The country is stepping up its efforts to stem the yuan’s rapid depreciation in a policy shift intended to fend off US criticism of Beijings weakening of its currency in the ongoing trade dispute...
Britons in EU could lose access to UK bank accounts in case of No-Deal Brexit
Warning comes in the form of government ‘technical notices’ that tell businesses and public on how to prepare in the event...
Dollar dips on trade optimism as US-China talks are awaited
The dollar sagged on Monday as investor demand for the safe-haven currency receded on optimism over a reduction in US-China trade tensions...