India, Russia central banks renew talks for mechanism to expand local currency trade – source
NEW DELHI, Aug 14 (Reuters) - The Indian and Russian central banks have renewed discussions to set a mechanism to...
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Exclusive: Billions in dollar and euro notes reach Russia despite sanctions
US and EU banned banknote exports to Russia in 2022Russia continues to import them, albeit in smaller volumesCash is still...
Zimbabwe will stick to promises to build trust in new currency, central bank chief says
Item 1 of 5 A vendor shows a ten Zimbabwe gold-backed (ZiG) note along a street in Harare, Zimbabwe, July...
US dollar’s dominance secure, BRICS see no progress on de-dollarization -report
WASHINGTON, June 25 (Reuters) - The U.S. dollar remains the world's primary reserve currency, and neither the euro nor the...
US House passes bill to force ByteDance to divest TikTok or face ban
WASHINGTON, March 13 (Reuters) - The U.S. House of Representatives overwhelmingly passed a bill on Wednesday that would give TikTok's...
Brazil unveils FX hedge program for sustainable investments
BRASILIA, Feb 26 (Reuters) - Brazil's finance ministry unveiled on Monday a program aimed at shielding investors from currency risks...
Iran, Russia to trade in local currencies instead of US dollar – state media
DUBAI, Dec 27 (Reuters) - Iran and Russia have finalised an agreement to trade in their local currencies instead of...
China Yuan’s Share of Payments Hits Record As USD’s Dips
The Chinese yuan was the fourth most used currency in global payments, SWIFT data showed. It's share reached 4.61%, a...
India makes first crude oil payment to UAE in Indian rupees
Indian Oil Corp Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsAug...
