MUMBAI: The Reserve Bank of India (RBI) on Monday eased parts of its forex rules for banks, allowing certain related-party hedging transactions to continue and clarifying that they will not be treated ...

Lenders can now exclude hedged dollar transactions from their net overnight open position limits, making it easier to attract ...

The new strategy of the Central Bank of Nigeria (CBN) to meet all legal demand for foreign exchange (Forex) has led Money Deposit Banks to contend with expending all the dollars in their possession. A ...

The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new ...

FRANKFURT, Jan 22 (Reuters) - Euro area banks might ‌find it hard to finance ‌themselves on the market, particularly in U.S. dollars and other foreign currencies, if high geopolitical uncertainty ...

Bandhan Bank has raised interest rates on Foreign Currency Non-Resident Bank deposits for non-resident Indian customers. US dollar deposits of one million dollars and above will now earn 7.1 percent ...

Bangladesh Bank (BB) has instructed treasury heads of commercial banks to play a responsible role and refrain from manipulating the US dollar exchange rate in order to keep the foreign exchange market ...