The decision by the Bank of Ghana (BoG) to revise the allowable FX Net Open Position (NOP) for banks from a symmetric band of –5percent to +5percent to a more restrictive –10percent to 0percent ...

The Hong Kong Monetary Authority (HKMA) has relaxed the rules on net open position (NOP) limits for Hong Kong banks, a move that is expected to improve liquidity levels in the offshore renminbi market ...

In a bid to address forex issues, the CBN introduced some prudential requirements centred around the Net Open Position (NOP) for all commercial banks. What does this mean? The circular, aimed at ...

The House of Representatives is to investigate the non-compliance by banks and financial institutions in the country with directives from the Central Bank of Nigeria (CBN) on the Net Open Position ...