Key provisions of the bill include banning salaries and transactions in foreign currencies to ensure ... international buyers to acquire the currency, enhancing its demand and value.

To avoid high conversion fees, reject dynamic currency conversion (DCC) at payment terminals and pay in local currency when merchants offer it. Understand potential ATM fees abroad and what foreign ...

The bill seeking to prohibit the use of foreign currency in Nigeria has scaled first reading in the House of Senate. The bill, titled “A Bill for an Act to Alter the Central Bank of Nigeria Act ...

Government debt increased 13.3 percent last fiscal year to a record Tk 18.3 lakh crore, raising concerns about repayment amid ...

China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to ...

KARACHI: About 64 per cent of foreign investments in treasury bills (T-bills) have been withdrawn and returned to their destinations, disappointing the government striving to attract dollar inflows.

CAIRO - Egypt's net foreign assets (NFAs) tumbled by $3.25 billion in November, the second decline in two months, as ...

On key policies proposed in the bill: “Ban on Foreign Currency Payments: Prohibits salaries, transactions, and payments in foreign currencies, ensuring all workers, including expatriates ...

The bill aims to eliminate informal currency markets undermining the formal ... He reassured Nigerians that banking reforms would improve access to foreign exchange for travel and legitimate ...

By paying in euros instead, you might only face your card’s standard currency conversion fee (1 percent) and foreign transaction fee (2 percent), adding just a few euros to your bill.