Importers are to pay more as the Central Bank of Nigeria (CBN) has raised the exchange rate for computing Customs duties at ...

Planning an international trip brings plenty of excitement — and plenty of questions about handling money abroad. Travelers ...

There is no central location for the foreign exchange market, often referred to as the forex (FX) market. Transactions in the foreign exchange market take place in many different forms ...

The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to "avoid any speculative role" by foreign currency market aggregators.