Venezuela Sues U.S Based Website To Protect Its Forex Rates
The internet has changed the way people do business across the world and current technology has made it possible for a single website to have a serious impact on a country’s economy. This appears to be the case in Venezuela
Read MoreCVC Asks RBI and IBA To Red Flag Multiple Forex Transactions
The 600 crore forex scam that was unearthed after an internal audit at the Bank of Baroda has caused the Central Vigilance Commission (CVC) to crackdown on all banks in India as they have been ordered to ensure KYC compliance
Read MoreBritish Banks Could End Up Battling Forex Lawsuits From UK Investors
Some of the biggest banks in the United Kingdom have been in the news this year for malpractices that violated norms in the United States. Barclays, HSBC and the Royal Bank of Scotland admitted to the allegations and in the
Read MoreMyanmar To Stop Forex Licences To Control “Dollarization”
Myanmar is a small country that relies heavily on tourism and foreign investment into its manufacturing industry. The country had earlier passed a law that allowed business establishments to apply for forex licenses that would allow them to deal directly
Read MoreThe Euro Takes a Hit on the Money Markets
There are some words that you will not want to hear from Ewald Nowotny who is one of the ECB’s council members, and those words are that is it quite obvious that the European region as a whole needs more
Read MoreIndia Rated Number One Investment Destination In The World
Ernst & Young recently released a report that ranked India as the number one investment destination in the world based on a detailed survey it conducted polling some of the most influential decision makers in the world. The survey which
Read MoreChina Forex Reserves Points Continue To Decline
China’s economy has been the center of much speculating during the past few months as markets all across China have experienced a slowdown and as a result a number of countries who rely heavily on China have suffered as well.
Read More60+ Currency Pairings at AvaTrade
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