(Reuters) - Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in an effort to reduce the risks to cross-currency transactions amid ...

NEW YORK and SINGAPORE and LONDON, Oct. 20, 2024 /PRNewswire/ -- Bank of America (BAC) is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts ...

Nium, a provider of real-time global payments, today announced Nium Global FX, a product it says allows for guaranteed and competitive FX rates. This includes the ability to lock and hold an FX rate ...

Below are the most important global events likely to affect FX and bond markets in the week starting May 5. A decision by the U.S. Federal Reserve will be the highlight of the coming week, with rates ...

The Central Bank of Nigeria (CBN) on Tuesday, November 25, defended its tight liquidity stance, saying that the foreign ...

When it comes to investing in emerging markets, professional investors have traditionally regarded interest rates and exchange rates as two primary asset classes. What are the main drivers and ...

The naira has opened the week strong against the dollar despite the decline in Nigeria’s Forex reserves Analysts have disclosed that the naira’s gain is purely organic, as the Central Bank of Nigeria ...

Bloomberg Index Services Limited today announced the launch of Bloomberg FX Fixings (BFIX) value tomorrow outright rates (T+1), the only benchmark on value T+1 basis available to the market.

Rapid globalization has brought exciting times to the foreign exchange (FX) market. With the accelerated rise and integration of artificial intelligence and big data into global finance, FX operations ...

"When FX risk is managed appropriately and efficiently, it can bring enormous value to companies that process large volumes of cross-border payments," said Bhupen Velani, head of Transactional FX ...