Many international corporations routinely use forward outright contracts to hedge FX market exposures against adverse moves and help stabilize their foreign currency cash flow. Unlike currency futures ...
Transaction exposure involves risks from exchange rate changes companies face during international trade. Learn strategies to protect your business from potential losses.
Get your forex training and other trading courses from the experts at Benzinga Pro! If you’re looking to learn how to trade foreign exchange or forex, then you will want to get started on the right ...
Review your credit card fee policies before traveling outside the U.S. to avoid surprise costs. If needed, apply for a credit card without travel-related surcharges and fees. To avoid high conversion ...
Unexpected fees for changing currency can dent your foreign-travel budget. Find out the best places to exchange currency and ...
Last year, the foreign exchange transaction volume of foreign exchange banks in South Korea’s domestic forex market reached a ...
Are all foreign currency gains taxable? No. Under a de minimis exemption individual taxpayers with foreign currency gains of $200 or less on a “personal transaction” do not need to report them. How ...
Are there special hedging provisions for section 988 transactions? Yes. In addition to the business hedging rules I address in our earlier Q&A with Andie series,[1] a special hedging provision is ...
Foreign spending by Indians faces a tax anomaly. While forex and debit cards incur Tax Collected at Source (TCS) under LRS, international credit card spending remains exempt, creating a regulatory ...
The Central Bank of Nigeria (CBN) has asked all authorized dealers in the foreign exchange market to desist from reporting inaccurate and misleading information on transactions concluded in the ...
CBN will revise the forex manual to stabilise the naira amid record N11.9 trillion stock market transactions in 2025.