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GW Platt Foreign Exchange Bank Awards 2025: FX Tech Global Winners

Global Finance

A comprehensive foreign exchange (FX) exposure management strategy combines tools and techniques to identify, measure, and manage currency risks, empowering businesses to confidently navigate the complexities of the global marketplace. Comprehensive FX management integrates tools, analytics, and AI to mitigate currency risks.

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Nigeria: Automation Will Add Forex Transparency

Global Finance

Nigeria’s central bank will automate foreign exchange (FX) trading starting in December, replacing the decade-old over-the-counter system to enhance transparency and liquidity in its currency markets. The most significant benefit of automation will be increased transparency.

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OpenPayd Launches Access To Quick Foreign Exchange Payments

PYMNTS

27), which will help clients access easy foreign exchange payments, according to a press release. Seamless foreign exchange is a big but complex part of that for which many firms still rely on batch processing.”. This will do away with the need for batch processing.

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White Paper - TMS ARE NOT SUFFICIENTLY TAILORED TO FULLY MANAGE FOREIGN EXCHANGE RISKS

Simply Treasury

Download the White Paper here

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Mexico: New President Pledges To ‘Fix’ Pemex

Global Finance

Factors contributing to the losses included decreased total sales; increased fixed asset deterioration, especially in hydrocarbon processing plants; and losses on foreign exchange. In September, Pemex announced a third-quarter loss of 161.5 billion Mexican pesos (US$8 billion). Pemexs total sales were 7.7%

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Hong Kong: Pension Authority Warns Of US Debt Selloff

Global Finance

Both agencies said the special administrative regions position was largely secure on the back of its sizable foreign exchange reserves and fiscal buffers, coupled with high per capita income levels and the territorys robust external balance sheet.

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Botswana Turns A Political Page

Global Finance

Driving the downturn is the contraction of the global diamond market, precipitated by reduced production and weakened demand, since diamonds account for 90% of Botswana’s foreign exchange earnings. Fiscal expansion through government-backed construction projects is expected to cushion the downturn. billion.