For companies with borrowings or operations in both USD and GHS, these risks can significantly impact profitability, cash ...

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries.

Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming rate, ...

The Reserve Bank of India announced liquidity measures, including bond purchases and currency swaps, to alleviate a cash ...

Banks typically update their exchange rates daily, following international foreign exchange (forex) markets while adding a ...

Commission fees: It’s not uncommon for a currency exchange business to impose a commission on your transaction. You may ...

The Central Bank of Sri Lanka (CBSL) and the People’s Bank of China (PBoC) have renewed the Bilateral Currency Swap Agreement ...

The Bank of Russia has changed the parameters of currency swaps. This is stated in the press service of the Central Bank. Since October 28, 2024, the regulator has set the following interest rates on ...

CLAS reports 1% and 3% rise in core DPS for 2024 and 2H2024 but 7% decline in headline DPS for both 2H2024 and FY2024 ...

One crucial tool that Nigeria must prioritize is negotiating currency swap agreements with major economies such as China, India, Russia, South Africa, Germany, France, Spain, and Italy.