MUMBAI: To strengthen the rupee’s global footprint, the Reserve Bank of India (RBI) on Wednesday rolled out measures to facilitate trade and investment in the Indian currency.The RBI plans to ...

Taking a step forward in internationalisation of the rupee, the Reserve Bank of India (RBI) on Wednesday said authorised dealer banks in India and their overseas branches will be permitted to lend in ...

The survey showed the US dollar remains the dominant currency. It is on one side of 89% of currency transactions. Well behind are the euro, involved in 29% of trades; the yen, involved in 17%; and the ...

Singapore has strengthened its position as the third-largest global foreign-exchange center behind the U.K. and the U.S., the Monetary Authority of Singapore said Wednesday.

China's yuan has tightened its grip on global currency markets, rising to 8.5% of all foreign exchange trades this year and keeping its fifth-place ranking ...

The most traded instrument continued to be forex swaps with an average daily turnover of $4 trillion, up 5% compared with 2022. However, the share of swaps in global turnover fell to 42% this year ...

Successful Forex trading entails doing something other than looking at real-time action prices. While forex news does feature prominently in the determination of currency markets, a secret to trading ...

The rise of the side-hustle trader reflects software that is easier to use, including trading apps, which continue to rise in popularity.

Rupee rises 3 paise to 88.69 against the US dollar in early trade on Monday, tracking positive Asian currencies and weakness of the American currency in the overseas market. Forex traders said the ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The forex market, with its average daily trading volume exceeding $1.3 trillion in North ...

Rupee consolidated in a narrow range and settled for the day lower by 7 paise at its all-time closing low of 88.79 (provisional) against US dollar on Monday, on persistent foreign capital outflows and ...