Find out which countries are holding the largest amount of foreign exchange reserves in the world.
Across the world countries hold billions of dollars’ worth of foreign exchange reserves. These reserves are one of the key indicators of a country’s economic health. Almost every country in the world holds foreign exchange reserves. More than...
Tags: cxi,forex reserves,reserves currency,foreign exchange,us dollar,asia,europe
See how this financial institution never fully understood FX then applied our expertise and saw growth once they started with CXI.
... customer service. Challenge The financial institution previously had no marketing support to help showcase their foreign exchange services. The bank identified the foreign currency service as an opportunity to generate more awareness, while ...
Tags: currency exchange international,ceifx,cxi,financial services,financial institutions,case study,data,revenue,volume,transactions,foreign currency,foreign exchange
Learn how this financial institution went from poor customer service and account management to excellence once they switched over to CXI.
...se in costs, compliance, and regulatory risks that is often associated with exposure in emerging markets, they needed a trusted foreign exchange provider that would remove the burden and streamline their process. This challenge prompted the customer t...
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Explore how this financial institution never had a foreign exchange provider, then began to see results once they started with CXI.
...any has over 40 years of experience in the financial services industry. Challenge The financial institution offered the foreign currency product for clients on an as-needed basis without much promotion or branch-wide awareness. The bank identi...
Tags: currency exchange international,ceifx,cxi,financial services,financial institutions,case study,data,revenue,volume,transactions,foreign currency,foreign exchange
Get a closer look at how this financial institution had a previous foreign exchange provider, then boosted awareness once they switched over CXI.
...create solutions that are tailored to meet the needs of each customer. Challenge The financial institution offered the foreign currency product for clients on an as-needed basis without much promotion or branch-wide awareness. The bank identi...
Tags: currency exchange international,ceifx,cxi,financial services,financial institutions,case study,data,revenue,volume,transactions,foreign currency,foreign exchange
Regardless of attempts from China and Iran, the U.S. dollar remains powerful globally.
...cts in March of this year. However, the yuan still is unlikely to increase its share in global transactions without a change in foreign investment policies. Meanwhile, Russia has increased its gold reserves in order to diversify away from the dollar.&...
Tags: currency,reserve currency,usd,euro,yuan,china,iran,russia,global currency,foreign exchange reserves
Understand all the different ways international payments can be processed when your corporation has to pay with foreign currency.
... CXI Foreign Exchange Rates Every time your payment goes from one financial institution to another your foreign exchange rate is being changed. Did you know the foreign currency market is a decentralized market where there isn't one...
Tags: international payments,society for worldwide interbank financial telecommunication,swift,the clearing house,chips,foreign exchange rates,currency exchange international,cxi,supplier,vendor
A new check clearing solution for financial institutions and corporations is now here.
...I) is proud to introduce Digital Remote Deposit. It's the new solution for corporations and financial institutions to clear all foreign checks drawn on Canadian financial institutions. Welcome to your faster, safer, and more secure way to clear your Ca...
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While it currently maintains its spot as the world’s fifth most active for international payments, its share of this market has still shown a decrease.
... to the already existing reserves of member countries. China’s inclusion in the basket of the world’s official foreign exchange reserve currencies is an important milestone in the integration of the Chinese economy into the global financia...
Tags: yuan,international monetary fund,foreign exchange,international currency,china
The People's Bank of China (PBC) introduces a new policy and extended hours of operation.
... In the first part of the new policy, PBC highlights all cross-border business currently allowed by law to be paid with foreign exchange can now also be paid with CNY by companies. This facilitates the opportunity for financial institutions an...
Tags: peoples bank of china,pbc,payments policy,china,chinese yuan,cny,rmb,international payments,cross-border payments,banks,financial institutions,foreign exchange,foreign currency,forex
China remains on the U.S. Treasury’s monitoring list, along with other countries.
...ment. While the department has put some of China’s actions into question regarding large trade surplus and restrictions on foreign investors, they have also recognized recent efforts by China to discontinue these trends. The main cause of a watch ...
Tags: currency,china,yuan,currency manipulator,foreign currency,us treasury,foreign exchange,germany,switzerland,north korea,south korea,japan,
Say hello to our new CXI location in Elmhurst, New York.
...ational travelers and shops in the mall. We always aim to create a worry free currency service for all of Elmhurst’s foreign currency needs. Our friendly and knowledgeable staff can now provide you with the following: 1. Foreign Curren...
Tags: grand opening,new location,cxi locations,elmhurst,queens center,new york,foreign currency,currency exchange,foreign exchange,things to do,travel tips
A weakening dollar is good news for emerging markets.
...’s primary reserve currency. “The currency is involved in 9 out of every 10 transactions in the $5.1 trillion-a-day foreign-exchange market,” according to the Wall Street Journal. Seeing how commonly the dollar is used, explains how a sli...
Tags: us dollar,currency,reserve currency,emerging markets,foreign exchange
After continuing downward pressure on the yuan, the crackdown on money fleeing the country is proving successful.
After some changes in outflow practices, China is beginning to see a much desired rise in their foreign exchange reserves. Hitting over $3 trillion, China’s foreign exchange reserves are they highest they’ve been in nine months. From tougher regul...
Tags: china,yuan,foreign exchange,beijing,currency,foreign currency
Immediately increase your company’s revenue by learning how to read a dual invoice.
Does your business have foreign suppliers around the world that need to be paid? In a typical international payment scenario, suppliers are very aware of currency exchange rates and volatility risks. In order to cover this foreign exchan...
Tags: international payments,dual invoice,local currency,savings,fees,costs,corporations,financial institutions,banks,currency exchange rates,fx volatility risks,foreign exchange risk
CXI and EBC will be speaking live and host a booth at Canada's Premier Apparel & Textile International Sourcing Trade Show.
...cation in FX Currency Risk Also for the first time, Bob Dowd, SVP for Exchange Bank of Canada and a 30+ year veteran of the foreign exchange and payments industry, will be speaking at the event and live on twitter about Defining and Understanding the F...
Tags: apparel textile international sourcing trade show,exchange bank of canada,international payments,suppliers,canada,toronto,instaquote,business analysis,fx currency risk,foreign exchange,speaker
A new foreign exchange code could lead to lower costs for corporations.
A new FX Global Code was recently released by the Global Foreign Exchange Committee to be used as a guideline for the foreign exchange market. Many ongoing investigations of currency manipulation has prompted the crucial need to create this code. ...
Tags: foreign exchange,global code,corporations,code of conduct,rules,compliance
Here is why China is focusing on increasing the value of the yuan.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: yuan,china,foreign currency,peoples bank of china,foreign exchange,cny
A new low cost alternative that is beneficial for corporations.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: cxi solutions,global eft,universities,colleges,corporations,travel industry,importers,exporters,international payments,foreign exchange international payments,foreign currency,currency exchange,corporations,small businesses
If foreign exchange is a core part of your business strategy then this is the solution.
...at is dedicated to improve and create new features that keeps its software as a leading platform for international payments and foreign currency. All of our features are designed to save your business time, enhance efficiency, and streamline your inte...
Tags: cxi solutions,corporations,international payments,foreign currency,ceifx,software,small businesses,foreign exchange,universities,colleges,travel industry,importers,exporters
Everything from Global EFT to ISO Codes explained.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: cxi solutions,international payments,foreign exchange,corporations,swift,wires,global eft,fx draft,iban,iso,foreign currency
CXI is currently unable to buy or sell any Qatari riyal.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: qatar,riyal,central banks,foreign exchange,currency,qar,bahrain,egypt,saudi arabia,united arab emirates
CXI is pleased to announce its financial results and present management's discussion and analysis.
...6,240 (0.01) *Restatement made in Fiscal Year 2015 to correct the presentation of a gain on foreign exchange along with its corresponding income tax impact which was required to be presented under IFRS as other income. T...
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These are the options and differences between each type of payment explained.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: cxi solutions,payments,international payments,foreign checks,foreign drafts,international wire transfer,currency exchange international,foreign exchange,corporations,small businesses,global eft
Canada celebrates their 150th anniversary of confederation with a new banknote.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: bank of canada,canada dollar,new banknote,currency news,foreign currency,foreign exchange
Say yes to reserve your currency online with this step-by-step guide.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: currency exchange,foreign exchange,foreign currency,reserve currency online,travel tips,travel money
Say hello to our new CXI location in Escondido, California.
...tional travelers and shops in the mall. We always aim to create a worry free currency service for all of Escondido’s foreign currency needs. Our friendly and knowledgeable staff can now provide you with the following: 1. Foreign Curren...
Tags: grand opening,new location,branch locations,escondido,california,foreign currency,currency exchange,foreign exchange
The Indian rupees are finally back and here’s what you need to know.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: reserve bank of india,rupees,inr,foreign currency,news,currency exchange international,currency exchange,foreign exchange,money,currency
Get the latest update on the strongest and weakest currencies.
...uth African Rand ZAR 13.2258 -3.52% -19.16% Get more foreign currency news > Subscribe to CXI's newsletters now > .boiler { border: 1px solid #072B68; ...
Tags: foreign currency,us dollar,best performing currencies,worst performing currencies,market movers,foreign exchange
Find out how much foreign currency you can get with this currency conversion.
While many might think one US dollar is equivalent to one foreign currency of another country, that's not exactly how currency conversion works. To give you a better understanding of how much each US dollar will give you of a foreign currency,...
Tags: travel tips,foreign exchange,foreign currency,us dollars,currency conversion
Currency Exchange International opens new branch location in Portland, Oregon.
...brands and it now includes CXI. We aim to create a worry free currency service for all of Portland and Oregon’s foreign currency needs. Our friendly and knowledgeable staff can provide: 1. Foreign Currency (80+ currencies) 2. ...
Tags: washington square,grand opening,new location,branch locations,portland,oregon,foreign currency,currency exchange,foreign exchange
The elimination of 500 and 1,000 rupee banknotes causes commotion.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: india,rupees,foreign currency,news,currency exchange international,currency exchange,foreign exchange,money,currency
Currency Exchange International, Corp. is proud to announce that following…
...ening restated balance sheet as at November 1, 2014. The restatement is being made to correct the presentation of gains on foreign exchange (along with the corresponding income tax impact) which were required to be presented under International Financ...
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And you should too!
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: traveler,travel tips,currency exchange international,currency exchange,cxi,currency exchange near me,foreign currency exchange,currency exchange locations,branch locations,yelp,reviews,customer reviews
The European Payments Council announces a major milestone.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: ...s council,international payments,corporations,global eft,universities,colleges,corporations,travel industry,importers,exporters,foreign exchange international payments,foreign currency,currency exchange,corporations,small businesses,sepa,epc
Exclusive interview with Canadian Treasurer about Canada's new schedule 1 bank.
...announced the grand opening of Exchange Bank of Canada, a new Canadian Schedule 1 Bank. EBC delivers specialized wholesale foreign exchange solutions to financial institutions and businesses, including the exchange of foreign currencies, international...
Tags: exchange bank of canada,canada,schedule 1 bank,ebc,wholesale foreign exchange,international wire payments,foreign currencies,foreign bank drafts,foreign cheque clearing
Top social media posts our fans love from July 22 - 28.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: weekend wanderlust,travel,reviews,travel tips,currency exchange,cxi,currency exchange international,currency exchange locations,currency exchange near me,foreign currency exchange,travel money,money exchange
Top social media posts our fans love from July 15 - 21.
... Facebook: How Does Multi-Currency Cash Passport Work? Are you looking for a safer, more convenient way to carry foreign currency? Then meet the Multi-Currency Cash Passport, it's the best way to carry multiple currencies in one card. ...
Tags: ...reviews,travel tips,currency exchange,cxi,currency exchange international,currency exchange locations,currency exchange near me,foreign currency exchange,branch locations,customer reviews,travel money,money exchange,multi-currency cash passport
The bank introduced a new bill into circulation with a whole new look.
...lica For updates on the Colombian peso, join our platinum passport now so you can always have the latest news on this foreign currency and many others. Or to get an exchange rate call one of our branch locations. .video-container { ...
Tags: central bank of colombia,colombian peso,cop,colombia,banknotes,currency exchange,foreign exchange
A new prediction from George Soros on the pound has many on edge.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: brexit,british pound,gbp,sterling,foreign exchange,markets,foreign currency,united kingdom,european union
You'll never have to worry about getting the best currency exchange rate again.
...f a nation’s currency in terms of another currency. An exchange rate thus has two components, the domestic currency and a foreign currency, and can be quoted either directly or indirectly,” according to Investopedia. .video-contai...
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A new £5 pound banknote will be unveiled to begin circulation soon.
...e. It was first issued as a currency in Australia in 1988 and in 1996 they completely changed all banknotes to polymer. For foreign currency updates on this banknote and more, join our platinum passport now so you can always have the latest information...
Tags: bank of england,central banks,british pound,gbp,banknotes,foreign currency,currency exchange,foreign exchange
Bank of Canada announced a woman will be featured on its new banknote and wants your vote.
...ister Justin Trudeau give his public speech on the announcement. For more currency updates on the Canadian dollar and other foreign currencies, join our platinum passport today so you can always have the latest currency news. .boi...
Tags: bank of canada,canada,canada dollar,cad,banknotes,foreign currencies,foreign exchange,currency exchange,currencies
The Central Bank of Colombia will soon introduce its new family of banknotes.
... research in Colombia. The back will have an image of the Amazon with its exotic biodiversity. For updates on this foreign currency and forex trends, join our platinum passport today so you can always have the latest news on all foreign curren...
Tags: central bank of colombia,colombia peso,cop,currency exchange,foreign currency,foreign exchange,banknotes
The Reserve Bank of Australia will soon begin circulating their next generation of banknotes.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: reserve bank of australia,rba,australia dollar,australia,banknotes,foreign currency,foreign exchange,currency exchange
Currency Exchange International has released some new foreign currencies you can now exchange.
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: travel,things to do,currency exchange international,currency exchange,foreign currency,foreign exchange,money exchange,exchange,currency exchange locations,foreign currencies
Join us at Citadel Outlets to pick up your Chinese yuan gift before February 8!
...line-height:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: currency exchange international,currency exchange,cxi,foreign exchange,money exchange,exchange,currency exchange locations,foreign currency,chinese new year,lunar new year,china
Asian markets begin 2016's first trading day with a gloomy start.
... — CNBC International (@CNBCi) January 4, 2016 The yuan closed at 6.53684 against the dollar, as of January 4. The foreign exchange currency chart demonstrates the sharp dive the yuan has taken over the last week. source: xe.com ...
Tags: china,yuan,renminbi,currencies,imf,money,economy,currency news,currency,cny,foreign currency,foreign exchange
South America’s largest country, Brazil is on track for the worst recession.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: brazil,economy,real,foreign currency,foreign exchange,currencies,south america,latin america
The International Monetary Fund's decision marks an important milestone in China’s global financial integration.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: china,yuan,renminbi,currencies,imf,money,economy,currency news,currency,cny,foreign currency,foreign exchange
The new €20, third in the Europa series has a new look with more dynamic colors.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: european central bank,ecb,euro,currency,money,foreign currency,foreign exchange,currency exchange,banknote
A wonderful new stage begins for Argentina, setting the stage for economic liberalization.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: currency,foreign currency,foreign exchange,currency exchange,money,economy,argentina,argentine peso
IMF staff determines the yuan meets the requirements to be a freely usable currency.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: china,currencies,yuan,rmb,economy,global imf,imf,sdr,special drawing rights,foreign currency,foreign exchange,currency exchange,money
Abenomics plan might have hit rock bottom for the second time.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: economy,japan,yen,foreign exchange,currencies,currency exchange,foreign currency
For the first time since 2002, the dollar could soon be worth as much as the euro.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: dollar,euro,us dollar,money,currency,economy,foreign currency,foreign exchange,currency exchange,federal reserve bank,european central bank,rates
TPP countries agree to address unfair currency practices with transparency and accountability.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: currency manipulation,currency,foreign exchange,exchange rates,tpp,foreign currency
Three months after a surprise devaluation central rates were raised for the yuan.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: china,yuan,foreign currency,foreign exchange,currency exchange,currency,markets,rates
The Chinese yuan is indicating signals of reaching global reserve status.
..., concerns over Beijing's heavy handed intervention in markets and poor communication of reforms such as the changes to its foreign exchange regime that set off a bout of turmoil in global financial markets last month, are causing nervousness within th...
Tags: currency,currency exchange,money,economy,china,yuan,international monetary fund,asia,foreign exchange,foreign currency
These banks are indicating early warning signs for most vulnerable to banking strains.
...-align: justify; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and service...
Tags: emerging markets,banking,economy,central banks,china,brazil,turkey,indonesia,singapore,thailand,currency exchange,foreign exchange