Browsing Tag

Trading

Rwanda Takes Steps to Curb Unlawful Dollar Trading with New Currency Law

Rwanda's Currency Regulations: A Shift Towards Economic Stability In a significant move aimed at strengthening its economy, the National Bank of Rwanda (NBR) has announced that it will enforce stringent penalties on businesses and individuals who engage in transactions or price quoting in U.S. dollars or other foreign currencies without obtaining proper authorization. This initiative is more than just a regulatory measure; it's a vital step towards establishing and reinforcing the use of the Rwandan Franc in local trade.…

Trump Plans ‘Take It or Leave It’ Tariffs on Trading Partners Soon

Trade Talks and Tariffs: A Presidential Perspective In a vivid display of determination and optimism, President Trump recently addressed reporters at the iconic Kennedy Center in Washington, D.C. As tension loomed over international trade negotiations, he confidently asserted that extending deadlines for discussions with other nations wasn't necessary. According to him, he had already forged significant agreements with both China and the United Kingdom. "Now, at a certain point, we're just going to send letters out,"…

Africa Faces Annual $5 Billion Loss from Forex Trading

Reimagining Trade in African Economies We often hear the phrase "money makes the world go round," but have you ever paused to consider whose money does that? For the African continent, the answer often points towards foreign currencies. Unfortunately, these aren't just facilitating trade; they're silently eroding Africa's economic potential. Historically, African nations have predominantly conducted trade—both amongst…

IUX Transforms Trading with Cutting-Edge Technology and Expansion into Nigerian and Ghanaian Markets

Isn't it fascinating how the world of trading never sleeps? From bustling commercial centers to evolving markets in emerging economies, the opportunities to engage in financial trading are vast. IUX, a trailblazer in this landscape, offers a platform that exemplifies transparency and innovation. As a fully regulated brokerage, IUX Markets ZA (PTY) Ltd boasts authorization from the Financial Sector Conduct Authority (FSCA) in South Africa, under FSP No 53103. Its credibility extends further with IUX MARKETS (MU) LTD being…

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