Discover what a Vostro Account is, its purpose in correspondent banking, and key services, including wire transfers and foreign exchange. Learn how it facilitates global banking ...

Policymakers should enhance market surveillance through systemic risk monitoring including stress testing and scenario ...

We should stop using terms such as “trade surplus” or “trade deficit.” Trade is always a surplus and the only deficit comes ...

RBI amended FEMA regulations to permit Indian exporters to hold Foreign Currency Accounts in IFSC banks (like GIFT City).

Dr Johnson Asiama, says Ghana’s foreign exchange market has regained its stability, with commercial banks now driving trade ...

South Korea is poised to announce a new agreement reached in its foreign exchange consultations with the United States as early as next week, as all eyes are on ...

Rupee gains against US dollar on foreign fund inflows and lower oil prices, signaling investor confidence and growth.

China ramped up its support for the yuan on Wednesday, underscoring its commitment to foreign-exchange stability as a trade ...

THE country’s balance of payments (BOP) posted a surplus in September, as modest inflows from the Bangko Sentral ng Pilipinas’s (BSP) income abroad and the national government’s foreign currency ...

South Korea's foreign exchange bank deposits jumped to a record high in October, central bank data showed on Wednesday, as dollar-dominated deposits spiked for trade settlement and investment purposes ...