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you need to understand the complex relationship between interest rates and forex trading. The fluctuations of interest rates are the most significant factor that affects the forex market.
BEIJING, March 21 (Reuters) - China's central bank will cut banks' reserve requirement ratio and interest rates at the "appropriate time" and strengthen the resilience of its forex market ...
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India's forex market average daily turnover doubled from USD 32 bn in 2020 to USD 60 bn in 2024: RBI GovernorHe pointed out that the forex market is not the only one to show growth. The overnight money market has also expanded, with average daily volumes rising by 80 per cent--from about Rs 3 lakh crore ...
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India's forex market daily turnover doubles to $60 billion since 2020: RBI GovernorIndia's foreign exchange (forex) market has seen strong growth in recent years, with average daily turnover nearly doubling from USD 32 billion in 2020 to USD 60 billion in 2024. This significant ...
In July, it had bought a net of $6.93 billion in the spot market. Sign up here. The RBI said it purchased $16.14 billion and sold $22.64 billion in the spot forex market in August. While most ...
Angola’s central bank ordered commercial lenders to make available almost a third of the foreign exchange they buy from oil and diamond companies for trading on the interbank market to improve ...
China's central bank will cut banks' reserve requirement ratio and interest rates at the "appropriate time" and strengthen the resilience of its forex market, it said on Friday during a quarterly ...
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