India to set up ‘foreign exchange swap fund’ to help boost economy

India will set up a foreign exchange swap funds (FETS) to provide relief to its financial sector after a prolonged global financial crisis, a finance ministry official said on Thursday.The foreign exchange fund (FET) is likely to be a key plank of the government’s efforts to boost growth and jobs as the economy has been […]

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How to buy a foreign exchange deal

When you’re looking to buy foreign exchange deals in your state, there are a few things to consider.The first thing to know is that foreign exchange liquidity is usually cheaper than cash and can be bought with a foreign currency.If you want to invest in the US, you’ll want to consider buying foreign exchange at […]

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The Latest on U.S. financial sanctions

The U.N. Financial Action Task Force has approved new sanctions on five individuals, including an Iranian-born Lebanese businessman, in retaliation for Tehran’s military incursions in Lebanon and the seizure of American assets in the region.The five sanctions, approved by the panel on Monday, were imposed on a list of companies and individuals that include the […]

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