foreign exchange :

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foreign exchange


  • n  the system by which one currency is exchanged for another; enables international transactions to take place
News & Articles

  • UK regulator looks into report of foreign exchange rate manipulation
    LONDON (Reuters) - Britain's financial watchdog is looking into a report that traders manipulated benchmark foreign exchange rates that are widely used by companies and funds. The discussions come at a time of increased global scrutiny of financial benchmarks after the discovery that some other financial benchmarks, such as the Libor benchmark for interest rates, had been rigged. Citing five ...
    June 12, 2013 - Reuters via Yahoo! News
  • FCA looks into report of foreign exchange rate manipulation
    LONDON (Reuters) - The Financial Conduct Authority (FCA) is looking into a report that traders manipulated benchmark foreign exchange rates that are widely used by companies and funds. The discussions ...
    June 12, 2013 - Reuters via Yahoo! Finance
  • British Regulator Looking Into Currency Rates Trades
    The Financial Conduct Authority of Britain says it is looking into claims that traders at large banks manipulated some foreign exchange benchmark rates.
    June 12, 2013 - New York Times

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