Vietnamese, Lao central banks discuss cooperation in using local currencies in bilateral trade
The State Bank of Vietnam and the Bank of Laos have jointly organised a conference to share experience in promoting...
archivelocal currencies
India, Indonesia Sign MoU To Promote Use Of Local Currencies
The Reserve Bank of India (RBI) and the Bank of Indonesia signed an MoU to establish a framework to promote...
RBI, Bank Indonesia sign pact for bilateral transactions in local currencies
Mumbai, March 7: The Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a memorandum of understanding (MoU)...
Fed Impact Wanes as Local Factors Take Priority in EM Asia Bonds
(Bloomberg) -- Currencies and bonds in emerging Asia are moving less in tandem with each other, as domestic forces begin...
Bitcoin Is Hitting All-Time Highs Around the World
While bitcoin remains shy of its November 2021 all-time high in U.S. dollar terms, it has already breached record highs...
Asian Bonds to Get Little Support From Currency Gains in 2024
(Bloomberg) -- Sovereign bonds in emerging Asia will benefit more from rate-cut expectations than currency gains this year.Most Read from...
15 Worst Performing Currencies of 2023
In this article, we discuss the 15 worst performing currencies of 2023. If you want to read about some more...
Dollar dumped? India buys 1M barrels of UAE oil using rupees instead of USD for the first time — why this could be the beginning of the end for the greenback
Dollar dumped? India buys 1M barrels of UAE oil using rupees instead of USD for the first time — why...
India, UAE sign pact to trade in local currencies amid PM Modi’s visit
With Prime Minister Narendra Modi visiting Abu Dhabi, India and the United Arab Emirates (UAE) on Saturday inked agreements to...
