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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. This shift is expected to level the playing field, reducing opportunities for bias and favoritism in foreign currency allocation.

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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. The InstantFX platform will let customers of OpenPayd offer automated mid-market spots in 18 currencies, the release stated, with delivery coming through a web front end or an API for full integration.

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African Banking Roundtable: New Focus On Capital Markets

Global Finance

The conversation followed up on our discussion last year of the exit of some foreign banks from African markets and the new emphasis this places on the expansion of domestic banks, including pan-African institutions. That surplus is able to be intermediated, and you dont need to rely so much on foreign savings.

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Tanzania: East Africa’s New Powerhouse

Global Finance

Apart from political stability and economic reforms, factors like strategic location, abundant natural resources, infrastructure expansion, investment incentives, and a growing local and regional market are among the factors making Tanzania quite attractive. Inflation (2024, projected): 3.2% Inflation (2024, projected): 3.2%

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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. GDP growth is forecast at just 1% for 2024, down from 2.7% in 2023 and 5.5%

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Webinar: FX Hedging in Highly Volatile Markets: Tools & Tactics for Taming Currency Risk | May 21

Strategic Treasurer

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. Eager to learn?