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Karth Nara

Karth Nara

Paytm To Launch FX Services To Exchange 20 Different Currencies

Paytm gained massive exposure in 2017 after the company looked to fill the digital payment space in the market created by the de-monetization campaign carried out by the BJP Government. Paytm has grown its market presence significantly during the last

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Africa Launches Biggest Free Trade Zone With Help From China

Despite the brewing trade war with the U.S., China is still flexing its muscles across the world. Their latest move is to help launch Africa’s largest free trade zone. This move positions China as one of the global market’s trade

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Indian FX Reserves Have Lost $14bn During The Last 7 Weeks

India’s forex reserves have taken a beating losing $2 billion each week for the last seven consecutive weeks. The fall started in the middle of June with forex reserves losing $3 billion and then continued with an average loss of

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ASIC To Investigate SMSF Advice After Violations Are Uncovered

Self-managed superannuation funds (SMSF) are under the microscope right now in Australia as a recent review showed that a lot of detrimental advice was being given to the trustees of these funds. This was caught when the Australian Securities and

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BNY Mellon Launches FX Options To Enhance Global Offerings

The Bank of New York (BNY) Mellon has decided to improve its forex offerings by adding FX options to their current product. With the new addition, BNY traders will be able to have a better handle on the market, have

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FaceBook Investors Want Mark Zuckerberg To Step Down

There is a revolt happening among Facebook shareholders right now. Reports say that investors who own a total of $3 billion in Facebook shares are pushing for chairman and CEO Mark Zuckerberg to step down. This comes in the wake

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What Is A Forex Cashback Rebate? How To Take Advantage

Forex trading is an excellent way to earn some money on the side or even turn it into your major revenue source provided you are good at it. However, there is always a chance of losing that you could lose

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Global Financial Markets Impacted By US-China Trade War

The trade spat between the United States and China has escalated once again. The latest tit-for-tat between the two countries resumed when President Donald Trump announced that he would be implementing tariffs on $50 billion worth of Chinese trade goods.

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Citibank Agrees To Pay $100m Fine For LIBOR Rate Manipulation

Citibank, one of the world's largest banks has finally agreed to pay a hefty $100 million fine that will be spread across 42 states in America. This is in connection with Citibank’s manipulation of the London Interbank Offered Rate (LIBOR),

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China’s FX Regulator Says Foreign Investors Keen To Hold Yuan Assets

Pan Gongsheng, the director of China's State Administration of Foreign Exchange recently told a financial forum in Shanghai that foreign investors were now more willing to hold their yuan and yuan-denominated assets. This is a sign of increasing confidence in

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