CFO News

JUNE 13, 2025

bn Indias foreign exchange reserves surged by $5.17 IANS Updated On Jun 14, 2025 at 08:46 AM IST Copy Link Share on WhatsApp Share on Linkedin Share on X Share on Telegram Share on Facebook Mumbai, June 13 (IANS) Indias foreign exchange reserves surged by $5.17 Mumbai, Indias foreign exchange reserves surged by $5.17

Foreign Exchange 49

Foreign Exchange CFO Currencies Corporate Finance 49

CFO News Room

FEBRUARY 4, 2022

The country’s foreign exchange reserves declined by USD 4.531 billion to stand at USD 629.755 billion in the week ended January 28, RBI data showed on Friday. In the previous week ended January 21, the reserves had decreased by USD 678 million to USD 634.287 billion.

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Foreign Exchange Currencies Accounting Banking 130

CFO News

DECEMBER 2, 2022

Expressed in dollar terms, FCA consists of the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. However, gold reserves fell $73 million to $39.94

Foreign Exchange 52

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CFO News

MARCH 18, 2025

Chopra said that treasury operations and foreign exchange liabilities should have been thoroughly reviewed otherwise where is the need of Accounting Standards, an area where the CFO, auditors did not pay attention and the crisis landed.

Foreign Exchange 55

Foreign Exchange Profit and Loss CFO Accounting Standards 55

CFO News

MARCH 21, 2025

India's foreign exchange reserves increased by $300 million to $654.27 billion as of March 14, reaching a more than three-month high. The Reserve Bank of India has been actively managing volatility through dollar sales and swaps to boost rupee liquidity amidst global economic uncertainties.

Foreign Exchange 45

Foreign Exchange Economics Sales Banking 45

CFA Institute

JUNE 11, 2024

The theories and models introduced by Robert Shiller and Didier Sornette are as applicable to the foreign exchange market as they are to the stock market.

Foreign Exchange 52

Foreign Exchange Marketing Economics Finance 52

Global Finance

DECEMBER 27, 2024

However, there are pockets of risk, including a high public debt, a foreign currency shortage, and jitters over the coming 2025 presidential election. The IMF has already warned that the foreign exchange shortage poses challenges to growth.

Foreign Exchange 144

Foreign Exchange Investments Economics Currencies 144

CFO News

NOVEMBER 25, 2024

The Reserve Bank of India has substantially increased its gold reserves, offsetting foreign investment outflows. The RBI's gold purchases have contributed to a rise in overall foreign exchange reserves and are expected to continue.

Foreign Exchange 45

Foreign Exchange Banking Investments 45

Global Finance

OCTOBER 29, 2024

In particular, foreign-exchange and interest-rate risks may be significant when entering a lower-rated jurisdiction with a more volatile macroeconomic backdrop.” In May, Fitch Ratings cautioned banks in the six-member Gulf Cooperation Council (GCC) about unchecked growth plans.

Profit and Loss 64

Profit and Loss Foreign Exchange Forecasting Banking 64

Global Finance

FEBRUARY 5, 2025

The current account deficit has narrowed to around $10 billion from 2023s high of $60 billion, enabling a rebuilding of foreign exchange reserves that has made Turkey less dependent on external flows. We expect inflation to fall below 30% by the end of 2025.

Foreign Exchange 117

Foreign Exchange Economics Investments Prioritization 117

PYMNTS

SEPTEMBER 20, 2020

Isabel Group CEO Jean de Crane said the new partnership "will add value to our mutual business customers in the processing of their payments and foreign exchange strategies. We are looking forward to working together with this international player in our ecosystem.".

Foreign Exchange 120

Foreign Exchange B2B Currencies Banking 120

Strategic Treasurer

APRIL 30, 2025

With renewed global trade tensions, shifting monetary policy, and potential tariff changes on the horizon, foreign exchange (FX) volatility remains a top concern across industries. This session will explore how FX hedging can help manage risk, stabilize results, and support more confident forecasting.

Currencies 52

Currencies Foreign Exchange Marketing Treasury 52

PYMNTS

FEBRUARY 4, 2020

Visa has announced that it will sell cross-border payments company Earthport’s foreign exchange (FX) business to Pollen Street Capital’s Currency Holdings, according to a report. Visa, which acquired Earthport in May 2019, said the sale will help to speed up Earthport’s growth of its larger core payments business.

Foreign Exchange 100

Foreign Exchange Treasury Currencies B2B 100

PYMNTS

NOVEMBER 3, 2020

Statrys is a payment offering is targeted to small and medium-sized businesses (SMBs), entrepreneurs and upstarts that need flexible banking and developed foreign exchange offerings that can let them expand around the world.

Foreign Exchange 105

Foreign Exchange Currencies Finance Accounting 105

PYMNTS

SEPTEMBER 17, 2020

Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release emailed to PYMNTS.

Foreign Exchange 126

Foreign Exchange Education Reconciliations Currencies 126

Global Finance

MAY 21, 2025

Goldbod will give us better control over our gold exports and help shore up our foreign exchange reserves, said Ghana Finance Minister Cassiel Ato Forson. The Ghana Gold Board (GoldBod), a state entity created in March, will now oversee all buying, selling, and export of ASM gold.

Foreign Exchange 52

Foreign Exchange Restructuring Currencies Finance 52

PYMNTS

JANUARY 18, 2021

Companies that have long been involved in importing or exporting goods — especially those with international operations — identify foreign exchange (FX) management to be a major source of risk, given the large fluctuations in exchange rates.

Foreign Exchange 127

Foreign Exchange Treasury Risk Management Corporate Finance 127

CFO News

MAY 4, 2025

This enables exporters and importers to invoice and pay in their respective domestic currencies enabling the development of a bilateral foreign exchange market.

Foreign Exchange 40

Foreign Exchange Invoicing Currencies Banking 40

PYMNTS

SEPTEMBER 23, 2020

The debit card doesn’t have foreign exchange fees or monthly charges, while it has a flat ATM fee of 2 euros ($2.34) globally. Small businesses can have immediate access to their PayPal funds and unlimited 0.5 percent cash back on all of their eligible spending with the debit card.

Foreign Exchange 145

Foreign Exchange Economics Retail Accounting 145

CFO News

MAY 21, 2023

In March 2023, ED initiated a probe against BBC India for FDI cap breach under the Foreign Exchange Management Act (FEMA). This article by Makarand Joshi, Founding Partner, MMJC and Associates LLP delves into the the question can ministry clarifications via circulars override regulations?

Foreign Exchange 95

Foreign Exchange 95

PYMNTS

JUNE 15, 2020

Companies will also have to worry less about risk because of the better visibility and control over foreign exchange payments and currency exposures for procurement and treasury stakeholders.

Foreign Exchange 99

Foreign Exchange Treasury Currencies B2B 99

PYMNTS

JANUARY 21, 2020

Cross-border peer-to-peer (P2P) payments firm MoneyGram has teamed up with foreign exchange and global money transfer company LuLu Money , MoneyGram announced on Tuesday (Jan.

Foreign Exchange 100

Foreign Exchange Investments Accounting Marketing 100

PYMNTS

SEPTEMBER 20, 2020

FLEETCOR , which works in global business payments, announced that it had reached an agreement to acquire cross-border payment firm Associated Foreign Exchange (AFEX) to help boost its own payments network, a press release says.

Foreign Exchange 121

Foreign Exchange Currencies Accounting Investments 121

PYMNTS

JANUARY 15, 2019

HSBC is increasingly relying on blockchain technology to facilitate its foreign exchange trading services, reports in Financial Times said Monday (Jan. 14), with more than three million FX transactions having already been processed by the bank in the past year via blockchain.

Foreign Exchange 76

Foreign Exchange Currencies Treasury Banking 76

Global Finance

JANUARY 9, 2025

Key features include secure global remittance networks, same-day express transfers to BEA Hong Kong accounts, foreign currency time deposits, and real-time foreign exchange services in 11 currencies.

Foreign Exchange 52

Foreign Exchange Currencies Banking Investments 52

PYMNTS

OCTOBER 8, 2019

Citi has recruited foreign exchange management firm Kantox to enhance its FX services for corporate clients, the companies said in a press release on Monday (Oct. enabling those firms to access a custom platform that integrates with Citi’s existing foreign currency payments solution.

Foreign Exchange 74

Foreign Exchange Treasury Currencies Banking 74

PYMNTS

JUNE 11, 2020

The program was developed to offer a solution to the lack of transparency and often complicated procedures in the cross-border payments field, the release says, using foreign exchange rates and easy visibility on fees.

B2B 99

B2B Foreign Exchange Currencies Accounting 99

PYMNTS

SEPTEMBER 21, 2020

billion, and FLEETCOR has come to an arrangement to purchase cross-border payment company Associated Foreign Exchange (AFEX). Global business payments firm FLEETCOR has struck a deal to buy Associated Foreign Exchange (AFEX) to assist in bolstering its own payments network.

Foreign Exchange 89

Foreign Exchange Banking Nonprofit Valuation 89

CFO News

JANUARY 19, 2024

The 3-day variable rate repo (VRR) auction conducted by the RBI on Friday, which is scheduled to reverse on January 22, will now be reversed on January 23. Meanwhile, a 3-day VRR auction that the RBI had earlier said would be conducted on January 22 stands cancelled and instead a 2-day VRR auction will be carried out on January 23.

Foreign Exchange 52

Foreign Exchange Marketing 52

PYMNTS

AUGUST 6, 2020

The companies recently announced that Airwallex will wield Deutsche Bank’s foreign exchange (FX) services and integrate them via API into its own offering.

Banking 110

Banking Foreign Exchange Accounts Payable Technology 110

Global Finance

JULY 22, 2024

JP Morgan recognitions throughout 2024 World’s Best Investment Banks 2024—Global Winners GW Platt Foreign Exchange Bank Awards 2024—Global, Regional And Country Winners World’s Best Private Banks 2024—North America The post JP Morgan – World’s Best Bank 2024 appeared first on Global Finance Magazine.

Banking 98

Banking Foreign Exchange Finance Investments 98

PYMNTS

JUNE 19, 2020

In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumen net eFX offering. In separate news, BNP Paribas , the French financial institution, unveiled a FinTech partnership to bolster its foreign exchange service offerings per news in September.

Risk Management 64

Risk Management Foreign Exchange Treasury Banking 64

PYMNTS

MARCH 26, 2020

Western Union will use Integral’s technology for its electronic foreign exchange (eFX) risk management technology across the Western Union Business Solutions program. Western Union recently partnered with Integral for a new risk management mechanism called Integral BankFX.

Foreign Exchange 114

Foreign Exchange Currencies Risk Management Technology 114

Global Finance

OCTOBER 10, 2024

GF: Mongolia’s foreign exchange reserves increased last year and external debt was reduced. Lkhagvasuren: As of July 2024, Mongolia’s foreign exchange reserves reached $4.7 Despite repaying 6 billion Chinese yuan [$843 million] of the swap usage, foreign exchange reserves remained robust.

Restructuring 75

Restructuring Foreign Exchange Banking Transportation 75

PYMNTS

DECEMBER 28, 2018

The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading companies. The five companies — Forex Club, Alpari Forex, Trust Forex, InstaForex and TeleTrade — will see their licenses expire on Jan.

Foreign Exchange 87

Foreign Exchange Banking Compliance Securities 87

PYMNTS

AUGUST 7, 2020

One of the largest points of friction that shoppers grapple with today is the ever-fluctuating exchange rate of foreign currencies they use when purchasing from sellers across borders.

Foreign Exchange 120

Foreign Exchange eCommerce Retail Currencies 120

Global Finance

DECEMBER 6, 2024

High inflation, currency volatility, and foreign exchange scarcity have eroded wealth and significantly contributed to a decline in net worth for many people. Wealth preservation and growth in Africa are highly challenging. The affluent know this too well, especially given the recent macroeconomic environment.

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Banking Foreign Exchange Currencies Investments 52