Online foreign exchange broker FBS Markets Inc. is boosting financial education among users, including traders in the Philippines. The firm, based in Belize, explains that the Philippines has ranked among its top five markets for user activity in the past year. FBS’s strategic marketing director noted the country’s forex trading volume increased by 2.6 times since 2020. While the Development Budget Coordination Committee narrowed its forecast for the Philippine peso-US dollar exchange rate for 2023, predicting a range of 54:$1 to 57:$1, FBS has committed to enhancing traders’ skills by making educational resources accessible through phone-based apps and webinars.
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Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.