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...
archiveTRD
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...
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...
In the Market: How US is daring the world to find a dollar alternative
June 10 (Reuters) - The United States is merrily chipping away at the pillars that hold up the dollar as...
Asia braces for unwanted, but unavoidable FX battle: McGeever
ORLANDO, Florida, April 17 (Reuters) - Asian countries probably don't want it and they certainly didn't cause it, but a...
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...
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...
AFRICA-FX-Kenya’s currency could find support, Zambia’s under pressure
Kenya Central Bank Governor Patrick Njoroge displays Kenyan shilling bank notes during a news conference at the Central Bank in...
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...
