Yearly Archives: 2015

Reserve Bank of India sets up Helpline

An email helpline has been established by the Reserve Bank of India or RBI to help foreign exchange start-ups with regards to regulations. FOREX traders are now aggressive in cross-border operations. The RBI released a circular on Tuesday stating the

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USD Retreats as Euro Gains

Monday showed gloom over the dollar. USD value decreased versus the other major currencies as the Euro gained strength as the region awaits the result of the Spanish elections and its effect on Spain’s economic stability. Traders are now focusing

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Egyptian Currency is Steady

Over the weekend, the Egyptian Pound was stable both officially and at the black market. Egypt depends faces a dollar shortage and pressures to devaluate the pound. This could have an effect on energy and food prices since the country

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