In late September the pound fell spectacularly from above $1.12 to a new record low of $1.035 versus the US dollar.
It’s true that the dollar had been appreciating for many months, and the pound was one of the most undervalued currencies of the year, but this was news making headlines and front pages around the world, and it was exclusively a domestic problem.
To learn more about the treasury landscape Trade Finance Global’s (TFG) Annie Kovacevic sat down with Colleen Ostrowski (CO) at Sibos, Amsterdam 2022.
Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than 350 payment types and bundle payments. The development comes as… read more →
At what point can a business acknowledge foreign exchange (FX) in their procure to pay (P2P) process, and at what cost?
Cross-border payments are at the core of international finance and economic activity and it have undergone dramatic changes over the past fifty years.
In a bid to curb declining forex outflows, the State Bank of Pakistan (SBP) introduces exchange controls and limited imports. What will this mean for trade and exports? The SBP… read more →
Indian exporters and traders can now accept payment in Indian Rupees (INR), rather than US dollars, according to new rules introduced by the Reserve Bank of India The Reserve Bank… read more →
Among our top stories: Going nuclear – SWIFT ban to hamper Russian trade
When the rouble plummets, where do Russians put their money? TFG’s Marcus Lankford investigates…
Could meaningful action by the US Fed this year see capital attracted back to the US, putting recent Asian emerging markets growth under considerable stress, ponders Ed Arghand, Senior Underwriter, Political and Credit Risk, HDI Global Specialty SE.
