In today’s interconnected financial markets, businesses often find themselves exposed to dual risks: foreign exchange (FX) volatility and interest rate fluctuations. For companies with borrowings or ...

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 ...

China has extended its US $ 1.4 billion currency swap arrangement to Sri Lanka, the Central Bank of Sri Lanka affirmed ...

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