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 →
India is projected to surpass China as the most populous nation in 2023, according to the latest medium variant data from the United Nations Department of Economic and Social Affairs.
The African Development Bank (AfDB) Group approved a €50 million unfunded risk-sharing facility with Societe Generale. The facility, intended to drive trade finance across Africa by supporting small and medium… read more →
Trade Finance Global (TFG) surveyed firms throughout Europe to gain an understanding of SMEs’ trade finance usage norms and their propensity to pay for new or additional trade finance products and services.
Despite high inflation, record energy prices, and geopolitical uncertainty, demand for trade finance SMEs is on the rise.
Your Monday morning coffee briefing from TFG: Euro hits parity with US dollar for the first time in 20 years
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 →
After weeks of speculation and predictions of the euro’s value hitting parity with the US dollar, it finally happened this week, and the world noticed.
For the third day in succession, a test of the psychologically important parity level in Euro-Dollar is underway, but a significant layer of options barriers could yet mean the exchange rate closes above this level again.
Over the last decade, Vietnam has become a top destination for investment in manufacturing – more desirable than other Southeast Asian nations like the ASEAN-4 countries (Indonesia, Malaysia, Thailand, and the Philippines). This has led many to wonder why Vietnam is such an attractive destination for investors.