Business Currency

At what point can a business acknowledge foreign exchange (FX) in their procure to pay (P2P) process, and at what cost?

Cross-border payments are at the core of international finance and economic activity and it have undergone dramatic changes over the past fifty years. 

Among our top stories: Going nuclear – SWIFT ban to hamper Russian trade

When the rouble plummets, where do Russians put their money? TFG’s Marcus Lankford investigates…

Could meaningful action by the US Fed this year see capital attracted back to the US, putting recent Asian emerging markets growth under considerable stress, ponders Ed Arghand, Senior Underwriter, Political and Credit Risk, HDI Global Specialty SE.

In this article, the Bank of England’s Alastair Hughes talks about LIBOR cessation and risk-free rate alternatives

In this article, James A. Fok, author and former HKEX executive, considers how a US Fed rate hike could affect the dollar, relations with China, and social stability

In this Q&A, we speak to author and markets veteran James Fok about his new book, Financial Cold War: A View of Sino-US Relations from the Financial Markets

The UK Financial Conduct Authority (FCA) plans to transition from the London Interbank Offered Rates (LIBOR) to Risk-Free Rates (RFRs) by the end of 2021, to restore trust and integrity in the market. This shift comes after several banks manipulated their interest rates for profit, disturbing trust in the global economy.

A ‘synthetic LIBOR’ safe house will be available following LIBOR cessation at the end of 2021

How has SWIFT changed, what challenges have they faced and how will they continue reinventing themselves in the highly competitive global payments market? 

Smart Currency Business has collated predictions from major banks and highlighted key factors which may influence the pound, euro and dollar in their latest Quarterly Forecast.

Everything you need to know about how the transition away from Libor will impact your business

Plain sailing ahead for UK freeports? Probably not. TFG’s McKenzie summarises the key points from the UK budget and what it means for trade.

Philip Bowkley, co-chair of BAFT’s Global Payments Industry Council talks to TFG about the future of global payments, cash and liquidity