India, Sri Lanka discuss ways to enhance trade settlement in local currencies
India and Sri Lanka have discussed ways to enhance trade settlement in local currencies to reduce transaction costs and insulate...
Currencies
Asian Currencies Trapped in an Undervaluation Quagmire, Long Road to Normalization Even if Iran War Ends
Oil Price Surge and Stronger Dollar Triggered by Iran War Simultaneous Pressure Across Asian Foreign Exchange Markets Limited Currency Defense...
China nears launch of mBridge as alternative to Swift – report
China is moving towards the commercial rollout of mBridge, a cross-border digital currency platform positioned as an alternative to established...
Indian rupee extends gains; US-Iran peace agreement details, Fed guidance awaited
By Dharamraj Dhutia MUMBAI, June 16 (Reuters) - The Indian rupee rose for a third consecutive session on Tuesday as...
Asian currencies ease, stocks inch higher as Iran deal optimism cools
BENGALURU (June 16): Emerging Asian currencies lost steam on Tuesday, while equities posted smaller gains after a sharp rally in...
Emerging Asian currencies slip, stocks edge up as US-Iran deal details remain scant
BENGALURU (June 16): Most emerging Asian currencies gave up gains on Tuesday, while regional equities rose more modestly after the...
India, Sri Lanka Discuss Local Currency Trade Settlement: Rediff Moneynews
India and Sri Lanka explore local currency trade settlement to cut transaction costs, reduce dollar dependency, and ease pressure on...
Indian Rupee trades firmly on US-Iran deal signing, FIIs buying
The Indian Rupee (INR) reflects strength against the US Dollar (USD) on Tuesday. The USD/INR pair trades lower around 94.58...
Asia looks to cushion currencies
Central banks move to counter impact of stronger dollar amid rising inflationAsian economies are rushing to defend their currencies against...
Rupee Rises 5 Paise To 94.53 Against US Dollar In Early Trade
Indian rupee and US dollar currency notes (File/AFP)Mumbai: The rupee appreciated 5 paise to 94.53 against the US dollar in...
