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BofA goes short on 2-month dollar/lira forward contract for 3.3% monthly carry return

Global Research analysts Mikhail Liluashvili and Hande Kucuk on May 26 advised shorting the 2-month USD/Turkish lira (TRY) ...
Investopedia

Key Differences Between Forward Contracts and Futures Contracts Explained

Albert Phung has 7+ years of experience as a process improvement consultant for several businesses; currently with Alberta Health Services. Dr. JeFreda R. Brown is a financial consultant, Certified ...
Investopedia

Understanding Range Forward Contracts in Currency Markets

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...
The Nation Newspaper

CBN concludes forensic audit of FX forward contracts

The Central Bank of Nigeria (CBN) says it has completed a major forensic audit into the country’s foreign exchange transactions under the Retail Secondary Market Intervention Sales (RSMIS) scheme, ...
Hosted on MSN

CBN closes FX forward contracts probe, rules out appeals

The Central Bank of Nigeria (CBN) has concluded its forensic audit into undelivered foreign exchange (FX) forward contracts, declaring the case closed and stating that no appeals will be entertained.
The Nation Newspaper

Manufacturers claim $2.4b forex forward contracts unsettled

Manufacturing companies have incurred over N1.5 trillion in forex-related transaction losses in the last six months, due to the Central Bank of Nigeria (CBN’s) continued non-redemption of $2.4 billion ...