Here’s the headline number. Daily global forex turnover hit $9.6 trillion in April 2025, a massive 28% jump from the $7.5 trillion recorded back in 2022.
Financial institutions which had been leaning into the sentiment the U.S Fed would cut its interest rate this past Wednesday were proven to be correct, but any ambitions that the Federal Reserve would ...
SINGAPORE/LONDON, June 30 (Reuters) - The yen briefly weakened past the closely watched 145 per dollar level on Friday although traders' fears of intervention by Japanese authorities kept it in check, ...
MUMBAI, May 9 (Reuters) - India's foreign exchange reserves are at a comfortable level currently, benefiting from the Reserve Bank of India's persistent intervention and the likelihood of less ...
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