Tag: forex trade

Dollar weakens against peers on trade disputes, China’s offshore yuan hits record low

Dollar weakens against peers on trade disputes, China’s offshore yuan hits record low

The U.S. dollar weakened against major currencies including the yen and euro, while China's offshore yuan hit a record low on Tuesday, amid trade disp [...]
Monetary policy: SPDs can offer all foreign exchange trade facilities

Monetary policy: SPDs can offer all foreign exchange trade facilities

The move will expand commercial business opportunities for foreign primary dealers, which alread [...]
Two firms get online forex trade licence

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 | [...]
Foreign exchange Watch: Reserves submit good points for second consecutive week

Foreign exchange Watch: Reserves submit good points for second consecutive week

For the second consecutive week, the foreign exchange reserves recorded a rise, posting an increase of $1.193 billion to achieve $582. [...]
Rupee settles 19 paise decrease at 76.03 in opposition to US greenback – enterprise information

Rupee settles 19 paise decrease at 76.03 in opposition to US greenback – enterprise information

The rupee depreciated 19 paise and closed beneath the 76 per greenback mark on Monday as weak home equities and sustained internation [...]
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