Q&A: Why are the banks being fined for forex rigging?

Q&A: Why are the banks being fined for international exchange rigging?
A series of unfortunately-named “”repairs”are arranged at particular times of the day to work as standards for international exchange rates. Rather than suggesting any type of adjustment, they are simply currency exchange rate fixed in time that business use as a …
Read more on Telegraph.co.uk

Statements by ADIC Andrew McCabe at Press Conference on Foreign Exchange
As the Attorney General has actually discussed, today'' s resolution represents the outcomes of a 19-month examination into adjustment of the forex market. The criminality occurred on a large scale as individual traders at the bank communicated in …
Find out more on Federal Bureau of Investigation (press release) (blog site)

Forex offers lessons in culture
Sikander'' s journey to America began 2 years earlier, when she and her classmates were provided the opportunity to put on go abroad through the Youth Exchange Research study program. She was among only 106 students from her nation picked for the program.
Check out more on The Union Leader

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