The bid-ask spread (informally referred to as the buy-sell spread) is the difference between the prices at which a dealer will buy and sell a currency in the foreign exchange (forex) market.
Global credit ratings agency S&P raised Ethiopia's long-term local currency rating to "CCC+" on Friday, citing assumption that domestic debt will not fall under the scope of the prospective debt ...
Foreign exchange risk refers to the losses that a business conducting international transactions can incur due to fluctuations in currency rates. Changes in the relative value of the currencies ...
A senior NSI officer stationed at the Chattogram airport told TBS that, 770,000 Saudi Riyals and 46,000 UAE Dirhams were seized from Zakir Hossain, equivalent to approximately $2,05,714. The total ...