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...
Tag : forex
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...
Investors bid up safe havens during Turkish crisis, euro goes soft
Euro touches 13-month low against US dollar, as the Yen gains about 0.3 % and Australian dollar hits an 18-month low...
POTRAZ wants to focus more on telecommunication sector
“Ours is a technology intensive sector and ICTs are now pervasive throughout the key sector our social and economic fabric such as health, security, manufacturing, tourism and transportation industry to name just a few," says POTRAZ Director General Dr Gift Machengete...
KPMG says forex contributes to 2018 business risks in Nigeria
The Top 10 Business Risks in 2018 Report was developed based on combined views of 94 executive directors and senior management staff...