The Turkish central bank’s open swap positions with maturities of up to one month jumped to $18.8bn in February from $9.95bn in January, data from the national lender showed on March 26. The central bank has also ramped up its swap transactions since the coronavirus (COVID-19) outbreak began casting the world[…]
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* Dollar steady after worst week since 2009 * Yen higher with risk-off mood * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, March 30 (Reuters) – The dollar slowed its descent after a week of declines and the safe-haven yen edged ahead on Monday, as coronavirus[…]
Read More »Is Forex trading tax-free in the UK? At the time of this writing, spread betting profits are generally not taxable in the UK. Profits from trading CFDs however, are taxable. However, there may be exceptions to these rules, as outlined below. There is a ‘grey area’ within the complex topic[…]
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With job postings still scarce, job security dissipating, and wages seemingly stagnant at best, many people are trying to establish some security by creating multiple streams of income. Many would like to try their hand at currency trading, but they do not know where to start. Forex is one of[…]
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Image for representation. (Photo Reuters) Students who are out of the country for a longer duration and depend upon prepaid cards for meeting their requirements, also seemed to be affected, with many of them tweeting for help. PTI Mumbai Last Updated: March 11, 2020, 7:58 PM IST Share this: Yes[…]
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Private sector banks HDFC and ICICI have asked customers to use digital means for transactions and said they have reduced their staff in office as a precautionary measure against the spread of coronavirus. HDFC Bank has changed its working hours and will function from 10 am to 2 pm till[…]
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