The naira stability is also driven by inflows from Foreign Portfolio Investors (FPIs), substantial contributions from International Oil Companies (IOCs), and the CBN’s interventions to authorised ...

EUR/USD attempts to settle below the support at 1.1515 - 1.1530. USD/CAD gains ground despite the better-than-expected Manufacturing PMI report from Canada. USD/JPY is mostly flat amid lack of strong ...

SINGAPORE: Bakery chain Twelve Cupcakes is being investigated for non-payment of salaries and other potential breaches of the Employment Act, the Ministry of Manpower (MOM) and the CPF Board said on ...

The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie was trading 0.4% lower at C$1.4001 to the greenback, or 71.42 U.S. cents, ...

The first major forex market was launched in Amsterdam in the 17th century, where currencies were exchanged between parties from England and Holland. In the early 19th century, currency exchange was a ...

For those who need rates for portfolio benchmarking, valuation, index construction, trade execution and analysis. The Bloomberg FX Fixings (BFIX) family of benchmarks covers spots, forward and ...

What Is a Forward Exchange Contract (FEC)? A forward exchange contract (FEC) is an over-the-counter (OTC) agreement between two parties to exchange currencies at a set rate on a future date, commonly ...

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