On November 15 a group of major banks including Citigroup, HSBC, BNY Mellon, Wells Fargo and the Federal Reserve Bank of New York initiated a 12-week digital dollar pilot.  The… read more →

Your Monday coffee briefing from TFG – Trade digitisation: the legal framework that will facilitate efficient trade

In late September the pound fell spectacularly from above $1.12 to a new record low of $1.035 versus the US dollar.

It’s true that the dollar had been appreciating for many months, and the pound was one of the most undervalued currencies of the year, but this was news making headlines and front pages around the world, and it was exclusively a domestic problem.

To learn more about the treasury landscape Trade Finance Global’s (TFG) Annie Kovacevic sat down with Colleen Ostrowski (CO) at Sibos, Amsterdam 2022.  

Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than 350 payment types and bundle payments. The development comes as… read more →

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. 

In a bid to curb declining forex outflows, the State Bank of Pakistan (SBP) introduces exchange controls and limited imports. What will this mean for trade and exports? The SBP… read more →

Indian exporters and traders can now accept payment in Indian Rupees (INR), rather than US dollars, according to new rules introduced by the Reserve Bank of India The Reserve Bank… read more →

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