foreign exchange market

Latest news and articles about foreign exchange market from NEX English

Bangladesh Central Bank Aims to Calm Market Fears Amid Taka Decline

In an effort to reassure investors, the Bangladesh Central Bank confirmed that the foreign exchange market remains stable despite the Taka's drop to its lowest value against the dollar. This statement comes at a critical time as the Bangladeshi economy faces significant challenges.

Japan issues strong warnings as yen surpasses 160 against dollar

Japan's top currency official has issued severe warnings to speculators, indicating that authorities may need to take bold actions in the foreign exchange market if current conditions persist. This warning comes at a critical time for the Japanese economy.