Discover how MIFOR, the Mumbai Interbank Forward Offer Rate, influenced Indian banking with forward agreements and ...

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 ...

MUMBAI, Dec 5 (Reuters) - The Indian rupee forward premiums dropped on Friday following the central bank's rate cut and forex swap, though currency traders say a softer spot trajectory should cap the ...

The inverted Bund yields continued this week with the negative 2-year/10-year yield spread at negative 50.5 basis points compared to negative 46.9 basis points last week. As a result, today’s ...

U.S. dollar/Indian rupee forward premiums rose to three-year peaks on Friday, spurred by excess dollar liquidity, traders ...

Cost-conscious FX clients appear to be going to great lengths to avoid upfront payments for volatility protection, despite the lack of clarity around Fed monetary policy and the potential impact of ...

Global credit rating agency Fitch Ratings has upgraded Nigeria’s credit rating to B, citing a wave of economic reforms that have bolstered policy credibility and eased near-term threats to ...

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, ...

We investigate the optimal time-consistent use of foreign exchange interventions (FXI) in a small open economy model driven by endowment and portfolio flow shocks, with endogenous FX market depth and ...