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FOREX-TRADING
Global Market: South Korea to extend won trading to 24 hours in bid to boost global appealSouth Korea will launch 24-hour trading in the won from July 6 to boost global investor access and improve market appeal. The reform is exp...- Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
- FOREX-Dollar steadies following US strikes on Iran and ahead of inflation dataThe dollar held steady as U.S. strikes on Iran followed a helicopter incident, though President Trump downplayed the event. Investors await...
- MPC Forex Level: India’s forex reserves remain healthy at $682.3 billion, says RBI Governor Sanjay MalhotraIndia's foreign exchange reserves are strong at $682.3 billion. The Reserve Bank of India has used these reserves to stabilize the rupee. D...
- Public sector banks to ramp up IT spend amid cyber risks from Anthropic's MythosIndian banks are boosting IT investments to protect customer data and financial systems. Advanced AI tools like Claude Mythos pose new cybe...
- Yen trims gains against dollar after Japan's intervention in marketsJapan's currency, the yen, saw a slight dip against the dollar on Friday. However, it is set for its strongest weekly rise in over two mont...
- Govt forms panel under SBI chief C S Setty to assess Mythos-related risksUnion Finance Minister Nirmala Sitharaman announced a panel led by SBI Chairman C S Setty to assess risks from AI platform Mythos and devis...
- RBI flags seven more platforms in growing forex 'alert list'The Reserve Bank of India continues its crackdown on unlawful online forex trading by adding seven new entities to its watchlist, now total...
- ED seizes Rs 170-cr worth bank deposits in probe against 'fraud' forex trading platformThe Enforcement Directorate has frozen Rs 170 crore in bank deposits after raiding various locations linked to an alleged fraudulent forex ...
- RBI expands its "Alert List" of forex trading platforms, adds 13 new namesThe Reserve Bank of India added 13 more entities to its 'Alert List' of unauthorised forex trading platforms. This brings the total number ...
- RBI adds 19 unauthorised forex trading platforms in Alert ListThe Reserve Bank of India has updated its 'Alert List' of unauthorised forex trading platforms, adding 19 new ones to the total of 75. The ...
- RBI issues alert list of entities not authorized to deal in forex tradeThe Reserve Bank of India has cautioned the public not to undertake forex transactions on unauthorised electronic trading platforms or remi...
- Learn why Binomo is better than Forex?Binomo maintains a high level of security on the platform, as there are many scammers that traders can rest assured that both their data an...
- Forex trading, transactions with unauthorised dealers, websites can lead to trouble: How to check authorised listUsing unauthorised platforms for forex transactions could lead to loss of money and penal actions against you. So, you need to be careful w...
- Best forex signals providers 2022Best forex signal providers, that make the life of a forex trader much easier, in 2022
- What is Forex Trading?The term ‘Forex’ stands for Foreign Exchange. Forex trading in simple terms is the trading in currencies from different countries against e...
- Card-based overseas forex trading bannedThe RBI has directed banks to close cards or accounts of resident Indians using overseas forex trading.
- Close accounts using cards for online forex trading: RBI to banksRBI today asked banks to close accounts of customers using credit or debit card for online forex trading transactions, which are prohibited.
- Exercise caution on online forex trade payments: RBI to banksRBI directed banks to exercise caution with respect to online forex trading by Indian residents where margin payments through a credit card...
- Levy on forex trade could fund health schemes in India: WHOThe surge in forex trading volumes in the country could generate about $370 mn in additional revenue for the Indian exchequer, which can be...
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