There are many forex brokers out there that you might want to utilize when you first start getting into forex. Although a platform like FXList can help you find lists of brokers, it’s still up to you to figure out what broker will be right for you. Additionally, there’s not […]
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Use of 10% ethanol-blended petrol saved over Rs 41,000 cr forex: Minister
Use of 10 per cent ethanol-blended petrol has led to a saving of over Rs 41,000 crore in the foreign exchange for the country, minister of state for environment, forest and climate change Ashwini Kumar Choubey said on Wednesday. Speaking at an online event […]
The Lankan crisis: Forex reserves rise for first time in five months
Sri Lanka’s foreign exchange pile rose for the first time in five months, likely due to deferment of payments to India under an Asian Clearing Union, even as the nation scrambles for credit lines to ease shortages. The stockpile rose to $1.92 billion at the end of […]
India’s Forex Reserves Rise By USD 3.854 Billion
India’s foreign exchange reserves increased by USD 3.854 billion to USD 601.363 billion in the week ended May 27, according to RBI data. In the previous week, the reserves rose by USD 4.230 billion to USD 597.509 billion. During the reporting week, the rise in forex reserves […]
Pak has forex to pay for 2 months of imports, reserves slip below $10 bn
Pakistan’s foreign exchange reserves fell below $10 billion, threatening to spill over into a fullblown economic crisis unless policy makers secure a loan from the International Monetary Fund. The stockpile decreased by $366 million in the week ended May 27 to stand at $9.72 billion, the central […]
Microsoft warns of forex hit, cuts forecast
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June 2 (Reuters) – Microsoft Corp (MSFT.O) on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest U.S. company to warn of a hit from a stronger greenback. A hawkish Federal Reserve and heightened geopolitical tensions have driven a 14% gain in the dollar against a […]
Proven Forex Trading Strategies that Work in 2022
While only a few people can afford to trade Forex full-time, many traders seek part-time chances to open and close trades at night or during lunch. Trading on a regular basis can lead to lost opportunities when it comes to selling or buying assets. In this post, we’ll show you […]
Pakistan forex reserves plunge to lowest level since Dec 2019: Report
Cash-strapped Pakistan’s foreign exchange reserves have dropped to their lowest level since December 2019, owing to an increase in current account and trade deficits, higher external debt payments and dried dollar inflows, according to a media report on Friday. As per data from Pakistan’s central […]
Two firms get online forex trade licence
Market News Two firms get online forex trade licence Thursday May 12 2022 Capital Markets Authority (CMA) CEO Wyckliffe Shamiah. FILE PHOTO | NMG By Edna MwendaMore by this Author Summary Two foreign exchange service providers Tadenex Limited and Tradesense Limited have been licensed by the Capital Markets Authority. Tradesense […]
How a Small Business Owner Can Invest in Forex
Elevate your small business by increasing your available capital through our guide on how business owners can invest in the forex market. Most people who are building a retirement nest egg or hoping to make a big purchase may want to grow their savings through investment. Forex is very useful […]