Keywords: Foreign exchange


Morocco’s Foreign Exchange Office steps up investigations into unrepatriated export earnings

Morocco’s Foreign Exchange Office has intensified inspections targeting exporters and Moroccan investors operating abroad as authorities increase efforts to ensure compliance with foreign exchange regulations governing the repatriation of overseas earnings. According to local reports, the financial......

US reportedly backed yen in rare market intervention, Financial Times says

The United States may have taken part in an unusually coordinated effort to stabilize the Japanese yen, according to a report by the Financial Times, signaling what could be the first joint currency intervention between Washington and Tokyo in nearly three decades. Citing anonymous sources familiar......

Moroccan diaspora remittances reach MAD 61.48 billion in the first half of 2026

Morocco recorded a strong increase in remittances from its citizens living abroad during the first half of 2026, underlining the continued importance of the Moroccan diaspora to the country's economy. The latest official figures show that money transfers from Moroccans residing overseas remained......

Sterling edges higher against euro before Bank of England decision as dollar gains on geopolitical tensions

The British pound traded mixed on Thursday as investors positioned themselves ahead of the Bank of England's latest monetary policy announcement. While sterling strengthened against the euro, it retreated versus the U.S. dollar as heightened geopolitical tensions in the Middle East boosted demand......

Dollar falls in global markets as US strikes on Iran are paused

The US dollar weakened against major currencies at the start of the week as investors responded positively to the temporary suspension of American air operations against Iran and a decline in oil prices. The dollar index, which measures the performance of the US currency against a basket of six major......

Bolivia moves closer to IMF financing package worth up to $2.8 billion

Bolivia is on the verge of securing a major financial support package from the International Monetary Fund (IMF), a development that could strengthen the country's foreign currency reserves and unlock additional funding from international lenders. Economy Minister Gabriel Espinoza said an agreement......

India proposes broader foreign control rules to simplify investment framework

India is considering a significant update to its foreign investment regulations, with the Reserve Bank of India (RBI) proposing a broader definition of what constitutes foreign control of an Indian company. The draft reforms are intended to modernize the country's foreign exchange management framework......

Sterling strengthens as John Healey takes over as UK finance minister

The British pound posted modest gains on Tuesday after John Healey was appointed as the United Kingdom's new finance minister, with investors turning their attention to the government's fiscal strategy under recently appointed Prime Minister Andy Burnham. Sterling rose 0.15% against the U.S.......

Angola adds Chinese yuan to bank reserves in move to diversify foreign currency holdings

Angola has officially added the Chinese yuan to the list of foreign currencies that commercial banks can use to meet mandatory reserve requirements, marking a significant step in the country's efforts to diversify its financial system and strengthen monetary stability. The decision, announced by......