Foreign exchange

Huobi Korea planerar att klippa banden med moderbolaget, Stärka den inhemska närvaron

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According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strengthen its position” as a domestic cryptocurrency exchange…

Japanska yen faller till 32-års lägsta mot US-dollar – ytterligare ett ingripande från myndigheter förväntas

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The Japanese yen’s exchange rate versus the U.S. dollar recently plunged to its lowest rate in 32 years — 147.66 JPY per dollar. The yen’s latest fall comes less than a month after its slip in September prompted authorities to enter…

Godkännande av IMF:s räddningsaktion hjälper zambiska kwacha att ta den ryska rubelns position som världens bäst presterande valuta

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After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African country’s currency, the kwacha, rallied by 3.1%. Following this gain, the kwacha took the Russian ruble’s position as the world’s best-performing currency in 2022….

Ghanas centralbank upprepar varningen för praxis för prissättning av varor i Forex

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The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing…