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WikiFX Express

Thai economy improves in May on easing COVID curbs – central bank

Russia's current account surplus behind rouble strength, says cenbank

WikiFX

| 2022-06-01

Abstract：The strength of the Russian rouble in recent weeks has been driven by a drop in imports and Russia refraining from foreign currency purchases for the state coffers under its fiscal rule

The strength of the Russian rouble in recent weeks has been driven by a drop in imports and Russia refraining from foreign currency purchases for the state coffers under its fiscal rule, a top bank official said on Tuesday.

First Deputy Governor Ksenia Yudaeva also said there were no discussions about imposing negative interest rates on dollar and euro deposits with banks for retail clients, only for corporate ones. For more forex news, please download WikiFX - the Global Dealer Regulatory Inquiry APP.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Forex news

Thai economy improves in May on easing COVID curbs – central bank

Moneta Markets Receives UAE Category 5 Licence

Moneta Global Financial Services LLC has received a Category 5 licence from the UAE Capital Market Authority, establishing a regulated structure for the company’s activities in the country.

Original 1h

Perry Warjiyo Resigns: Why the Rupiah Moved Above Rp18,000 per US Dollar

Perry Warjiyo resigned as Bank Indonesia governor, Destry Damayanti became acting governor, and the rupiah traded above Rp18,000. Here is what forex traders should monitor next.

Original 07-28

MT4 White Label Cost in 2026: What Brokers Must Budget Beyond the Platform Fee

The visible fee in an MT4 white label proposal is rarely the real cost of operating it. For an existing broker, the decision is not simply whether an MT4 white label platform is “cheap” or “expensive.” The real question is whether the commercial model remains viable after integration, support, data, client migration, compliance, and exit costs are included. That is why an MT4 white label cost review should be built as a 24- to 36-month operating case. It should compare three credible choices: 1. Keep the present MT4 setup and improve its weakest controls. 2. Replace the MT4 white label provider but retain the client proposition. 3. Migrate selected clients or products to another platform while running MT4 in parallel. This guide explains how to build that case without relying on headline prices or generic vendor claims.

Industry 07-23

Why Is My Forex Withdrawal Still Pending? 7 Broker Excuses Traders Keep Hearing

Withdrawal delays are precisely the complaint we keep receiving on WikIFX, a veteran in the forex regulation inquiry space. While some users receive withdrawal access initially and find rejections on their applications later, some fail to receive a single approval. Some delays usually result from genuine compliance requirements that brokers need to adhere to. However, in many cases, traders have accused the broker of repeated excuses as part of its alleged strategy to deny a seamless fund release. A pending withdrawal cannot be an outright indicator of fraudulent activity. Financial institutions, including forex brokerage entities, need to abide by the anti-money laundering (AML) and Know Your Customer (KYC) regulations. However, as the monitoring process stretches beyond weeks or months, traders become frustrated and raise questions over the broker’s reliability.

Original 07-15