The People’s Bank of China is to scrap its reserve ratio for foreign exchange forwards sales in an apparent effort to curb yuan appreciation, shortly after it set its reference rate for the currency ...

On April 9, 2025, the Markets Participants Division and the Division of Market Oversight (collectively, the “Divisions”) of the Commodity Futures Trading Commission (the “CFTC”) published a Staff ...

Optimization of forward points (the difference between the spot and the forward rate for a currency pair) enables companies to take advantage of these differences, which are driven by the interaction ...

As Nigeria confronts intricate web of foreign exchange (FX) forward obligations, the pressing need to address these outstanding liabilities has become increasingly apparent. In September last year, ...

The Central Bank of Nigeria (CBN) says it has completed a major forensic audit into the country’s foreign exchange transactions under the Retail Secondary Market Intervention Sales (RSMIS) scheme, ...

MONETARY authorities have approved changes to foreign exchange (FX) rules to give Filipinos more ways to hedge against volatility. The amendments, the Bangko Sentral ng Pilipinas (BSP) said on ...