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Foreign exchange markets facilitate international trade and payments – Hobbs

Bank Windhoek’s Chief Treasurer, Claire Hobbs, said that foreign exchange markets facilitate international trade, payments, financial transactions, and investments. She made this statement on Tuesday, when she reminded clients about the Bank’s Onshore Foreign Currency (OFC) and Customer Foreign Currency (CFC) Accounts. Hobbs explained that these multi-currency borderless accounts allow the account holder to send...

Foreign exchange markets facilitate international trade and payments – Hobbs – Business Express
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Foreign exchange markets facilitate international trade and payments – Hobbs – Business Express

Bank Windhoek’s Chief Treasurer, Claire Hobbs, said that foreign exchange markets facilitate international trade, payments, financial transactions, and investments. She made this statement in Windhoek, when she reminded clients about the Bank’s Onshore Foreign Currency (OFC) and Customer Foreign Currency (CFC) Accounts. Hobbs explained that these multi-currency borderless accounts allow the account holder to send...