The RBI task force on Offshore Rupee Markets (ORM), headed by Usha Thorat, has suggested liberal currency market for offshore users. The panel recommended that onshore market hours...
The US has declared that China as a currency manipulator. The move could further fuel the ongoing trade war between the two countries. The US has alleged that...
The United States has designated China a “currency manipulator”, following the devaluation of the Yuan. The move could escalate the tense trade relations between the two nations. The...
The Trump administration has recently removed India and Switzerland from its currency monitoring list of major trading partners. Both the countries were removed from the list because for...
The Reserve Bank of India (RBI) and Bank of Japan (BOJ) have signed a Bilateral Swap Arrangement (BSA) for $75 billion that will help in bringing greater stability...
Zimbabwe has recently introduced its new currency, dubbed as Real Time Gross Settlement (RTGS) dollar, after the Reserve Bank of Zimbabwe (RBZ) announced measures to try and resolve...
The Republic of the Marshall Islands (RMI) will become the first sovereign nation to issue a cryptocurrency that will be legal tender. The new currency is called “Sovereign”...
The Reserve Bank of India (RBI) has raised exposure limit under Exchange Traded Currency Derivatives (ETCD) trading for residents and foreign portfolio investors (FPIs) to $100 million across...
Noticing the expanding influence of the economies of China and India among the Asian economies, the Asian Development Bank (ADB) decided to encourage and support deals denominated in...
The RBI has extended the relaxation of cancelling and re-booking of forward contracts with tenures of more than 1 year, for companies and exporters to hedge their FOREX...
