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Topic

forex trading

KPC holds workshop on trading markets

KPC holds workshop on trading markets

Published 30 Jun, 2025 07:46am
KARACHI: A one-day workshop titled “Understanding the World’s Largest Trading Market: A Guide for Journalists”...
Chinese state banks seen using FX swaps to absorb dollars, sources say

Chinese state banks seen using FX swaps to absorb dollars, sources say

Published 16 Mar, 2021 08:05pm
  • The sources said the bank was seen conducting sell-buy swaps in the dollar-yuan pair, alongside its purchases of dollars from exporters and other corporate clients.
  • "The big bank has been buying quite huge amounts of one-year dollars in the swap market," said one source, speaking on condition of anonymity.
South Africa's rand firms as focus turns to Fed meeting

South Africa's rand firms as focus turns to Fed meeting

Updated 15 Mar, 2021 09:26pm
  • The rand had earlier in the session struggled to make meaningful gains as scheduled power outages by state utility Eskom dragged into their sixth day and weighed on sentiment.
  • Eskom said on Monday that it aimed to get its power plant performance to "acceptable levels" by late 2021.
Rebound in risk sentiment pulls sterling higher

Rebound in risk sentiment pulls sterling higher

Published 26 Jan, 2021 08:55pm
*The pound fell in early trade after risk sentiment ebbed overnight in US and Asian markets. * sterling was up 0.3% against the dollar at $1.3720 and was also up 0.3% against the euro, at 88.60 pence.
South Africa's rand slips in risk-off trade, stocks hit all-time high

South Africa's rand slips in risk-off trade, stocks hit all-time high

Published 25 Jan, 2021 09:31pm
  • Rand was 0.46% weaker at 15.2400 per dollar, marking a third consecutive session of losses as investors took a more circumspect view of the pace of the global economic rebound.
  • The United States $1.9 trillion fiscal stimulus plans and the likelihood of developed market central banks keeping liquidity taps open.
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