Today many corporate treasury departments use the automated multi-bank FX trading platforms which make buying and selling FX very easy. Just ask 3-4 banks on your panel of approved banks or approved…
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by Pushpendra Mehta , Executive Writer, CTMfile
While the supremacy of the dollar won’t end anytime soon, its stranglehold on the global financial system is gradually reducing.
by Graham Buck
Ghana misses debt restructure target; Brazil's corporate debt load grows; Saudi Arabia green hydrogen funds; Swaps market ready for Libor conversion
by Graham Buck
Roubini predicts challenge to USD; Volatile dollar raises hedging cost; Australia lifts bank rate to 3.35%; Bond scarcity fears in Europe
by Pushpendra Mehta , Executive Writer, CTMfile
Treasury will have to ramp up automation efforts and take a holistic approach to currency management to prepare for another challenging year.
by Graham Buck
UK issues plans to regulate crypto; Gmail creator sees ChatGPT ousting Google; Eurozone and UK hike interest rates; Raiffeisen earns more from Russia
by Graham Buck
BP trims outlook for energy demand; Nigeria launches AfriGo card; Stan Chartered to open Philippines services hub; Montenegro teams with Ripple
by Graham Buck
Canada’s 4.50% rate could mark peak; LatAm leaders request more funding; South Korea corporate bond sales dip; HK banks offer sweeteners to staff
by Graham Buck
Global shipping costs ease; Olam announces plan for dual listing; European retailers accused of exploitation; Plug pulled on Sun Cable project
by Graham Buck
Air France-KLM opts for ESG bonds; Bike producer backpedals from China; TCH taps SWIFT for its new chief; Denmark's cashless banks deter criminals
by Graham Buck
US corporates adjust FX risk management; Thai workers sue UK grocer Tesco; RBI chief warns on crypto... while Russia softens its stance
by Graham Buck
Competition in UK’s FX market; Brazil plans 2024 launch of CBDC; European central banks announce rate hikes; Argos Blockchain struggles for cash
by Graham Buck
Oil price projections for 2023; Wider band for China's yuan likely; Binance re-enters Japan via acquisition; Goldman redeploys London traders to Milan
by Graham Buck
China goes for gold over dollar; CLOs bounce back from brief selloff; CBA leads in asset finance; Two contenders remain for Citi Banamex
by Graham Buck
US$1bn ASEAN infrastructure fund launch; Nigerian financial market "inadequate"; Convenience stores target card giants; HSBC: Pound set for 2023 rally
by Graham Buck
Embedded finance grows in MENA; India government bonds regain appeal; Microsoft launches supply chain platform; Allianz adds second trade finance fund
by Graham Buck
NY Fed positive on digital dollar; BIS issues central bank FX survey; PayPal supports Apple's Tap to Pay; SEC outlines proposals for open-end funds
by Pushpendra Mehta , Executive Writer, CTMfile
The strong dollar is lowering the earnings of American companies dependent on overseas sales, making them vulnerable to exchange rate fluctuations.
by Graham Buck
Australia hikes rates for a fifth month; Reports predict Italy debt crisis; Ghana reassurance on CBDCs; Abu Dhabi plans bad debt sale
by Graham Buck
China’s economic challenge falters; Cardano upgrade on 22 Sept; Amazon moves further into logistics; India anti- money laundering action
by Graham Buck
Mastercard launches crypto card in Argentina; UK power grid's contingency exercise; Nigeria push for eNaira; Huawei sees survival focus on cash flow
by Graham Buck
EY asks for guidance on 'split-offs; Drought impact grows in China; Cineworld considers Chapter 11; Standard Bank aims to expand
by Graham Buck
Volvo takes opportunity for bond issue; India's PM promises digital revolution; ESMA urges caution on rule change; ESG's growing role in FX analysed
by Graham Buck
HSBC bosses to face Hong Kong investors; Colombia moves to open banking; US consumer watchdog eyes crypto; Temenos, Wipro extend union
by Pushpendra Mehta , Executive Writer, CTMfile
The meteoric rise of the US dollar is lowering corporate profits, particularly for US companies doing business overseas.
