How to avoid foreign transaction and bank fees, and where to get the best rate when you travel abroad.

Airport currency exchange counters generally offer the worst exchange rates you'll find. If you need cash, order foreign currency from your bank before you travel.

Currency exchange rates fluctuate regularly. Before exchanging currency, finding the official rate online will help you determine the costs tacked on by the bank.

How To Avoid Currency Conversion Fees Purchase in the local currency: By allowing your card issuer to control when they process the conversion, you ensure you get a well-negotiated exchange rate.

MCA notifies changes to Ind AS 21, guiding companies on handling foreign currency transactions when exchangeability is lacking. Effective April 2025, the new rule helps firms estimate spot rates ...

The foreign affiliate translates monetary amounts, such as cash and accounts receivable, from the local currency to the functional currency based on current exchange rates.

Beware of the sneaky exchange fees that could turn your dream holiday into a costly affair. Here's how travellers can avoid ...

Don't use your debit card to pay for anything but ATM withdrawals. Both cash and credit are useful for different transactions. You can get foreign currency from your bank, a currency exchange ...

An international exchange rate, also known as a foreign exchange (FX) rate, is the price of one country’s currency in terms of another country’s currency. Foreign exchange rates are relative ...

The Central Bank of Nigeria has released the latest naira exchange rate as the market closed with a strong performance in the official and black market.

A currency exchange can help you turn Canadian dollars into foreign currencies. Understanding how to get the best currency exchange rates can save you time and money.

Most charge a fee or service charge of anywhere from $5 to $15, and the exchange rate you get can be seven to 15 percent worse than the standard bank rate.