A foreign-currency transaction is one that requires settlement, either payment or receipt, in a foreign currency. When the exchange rate changes between the original purchase or sale transaction date ...

RBI plans to enhance transparency by requiring Authorised Dealers to disclose transaction costs for foreign exchange ...

Understanding foreign exchange risk is a necessary skill for anyone involved in international finance or trade. It involves ...

The Reserve Bank of India has released a draft circular aiming to increase transparency in foreign exchange transactions. By ...

The foreign exchange market, also known as the FX/forex/currency market, can seem like a complex beast. In this enormous and liquid market, trillions of dollars change hands every day. Unlike the New ...

What is a hedged executory contract? A “hedged executory contract” is another type of transaction that is eligible for integration under Code Section 988(d). A hedged executory contract results when a ...

As a further step towards promoting greater transparency in the foreign exchange market, it is proposed to mandate authorised ...

One is for using your credit card overseas; the other is for having foreign purchases shown to you in dollars. Many or all of the products on this page are from partners who compensate us when you ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Many international travellers ...

Anyone who is still claiming that Basel III rules, Dodd-Frank, or international agreed upon derivatives reforms would hurt trading volumes needs to take even a quick look at the just released Bank for ...

Are there special hedging provisions for section 988 transactions? Yes. In addition to the business hedging rules I address in our earlier Q&A with Andie series,[1] a special hedging provision is ...