The Central Bank of Ethiopia imposes new restrictions on the movement of foreign exchange and local currency trading

The Central Bank of Ethiopia imposed new restrictions on trading foreign currencies in the Ethiopian local markets, as of Monday, and they are applied to citizens and foreign residents and visitors to the country. The bank stated that the addressees of these new operations will be prohibited from carrying more than 3,000 Ethiopian birr upon … Read more

National Bank: The law does not allow trading in foreign currencies outside the banking sector

Monday 26/December/2022 – 10:35 PM Hisham Okasha, Chairman of the Board of Directors of the National Bank, said that the Central Bank monitored illegal practices to manipulate and circumvent the withdrawal of foreign currencies from abroad, indicating that the withdrawal of 55 million dollars via credit cards abroad represents the size of a withdrawal traveled … Read more

Foreign exchange rates globally today, Saturday 3 September 2022 – Al Mal newspaper

Al-Mal News monitors the prices of the main foreign currencies that were traded this morning, Saturday, the third of September 2022, against the US dollar. Foreign exchange rates against the dollar The price of the single European currency, “the euro,” stabilized at 1.00 against the dollar, by 7:31 pm UTC, and the price of the … Read more

Foreign exchange rates globally today, Saturday, August 27, 2022 – Al Mal newspaper

The “Al-Mal News” portal monitors the prices of the main foreign currencies that were traded this morning, Saturday, the twenty-seventh of August 2022, against the US dollar. Foreign exchange rates against the dollar The price of the single European currency, “the euro,” settled at 1.00 against the dollar, by 9:13 pm UTC, and the price … Read more

“The United” launches a platform for trading foreign currencies electronically

As part of its plan to achieve the digital transformation process by increasing reliance on innovative financial technology in the bank’s business models, Ahli United Bank announced the launch of an internal platform for electronic foreign exchange trading by treasury employees, which is a qualitative step that will enhance, automate and standardize the bank’s foreign … Read more

KFH is the first bank to implement “360T” solutions for forex trading operations

Ahmed Al-Sumait: Integration between all the group’s banks abroad through the Kuwait Finance House Kuwait Finance House (KFH), as the first bank in Kuwait, succeeded in implementing 360T solutions to centralize and integrate all foreign currency buying and selling transactions from all the group’s banks abroad (Turkey, Germany, Saudi Arabia, Malaysia, Bahrain), through KFH in … Read more