German bank Commerzbank and steel company Thyssenkrupp have completed a €500,000 pilot transaction of a forex (FX) forward on a blockchain, reported Cointelegraph auf Deutsch May 24. The EUR/PLN ...

When six major banks were fined $4.3 billion in November in a scandal over rigged foreign exchange rates, it gave a huge boost to a relatively new but rapidly growing industry that provides ...

On August 17, I had been invited to a book launch. I enjoyed great stories and soon, I concluded my time there, then embarked on something I had been procrastinating. Buying a camera for my work. I ...

Due to their sizeable forex transactions, large corporates can afford to hire forex experts to negotiate with the banks, however MSMEs lack on both platforms. By Anand Tandon Credit and Finance for ...

What’s harder to visualise is the many individual transactions that make up those hundreds of billions. Unless that is, you’re one of the businesses or individuals who make up the ecosystem from which ...

Forex trading involves the buying and selling of different currencies on the foreign exchange market. It is decentralized and operates 24 hours a day, 5 days a week, allowing for continuous trading.

South Africa's only real-time forex bank account has been launched, addressing the dual problems of cheaper transaction fees and 24/7 viewability and access. A recent survey hosted on News24 found ...

Special investigation team (SIT) of Indore police on Tuesday said that it had recovered transaction records of over Rs 5 crore in the case of foreign exchange (forex) advisory fraud. “Preliminary ...

The central bank has liberalised foreign exchange transaction rules to some extent for exporters, foreign investors and other foreign currency users in the context of comfortable foreign currency ...