South Korea will launch 24-hour trading in the won from July 6 to boost global investor access and improve market appeal. The reform is exp...

India is experiencing a pivotal shift in its financial markets as domestic investors take the lead over foreign entities, enduring a three-...

Indian consumer firms are significantly boosting investments in Africa, shifting from market entry to large-scale operations. Driven by a y...

The Indian rupee experienced a slight boost this week, driven by declining oil prices and the prospect of increased foreign investment. Alt...

The Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concu...

The Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...

For Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...

The Indian rupee maintained steady ground against the dollar last Friday, closing almost flat. The day’s trading featured some ups and down...

Indian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...

India's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...

The Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...

The rupee extended its gains to close at 94.53 against the US dollar, supported by RBI measures to boost foreign currency inflows, softer c...

The Indian rupee strengthened for a third consecutive session, gaining 15 paise to close at 94.56 per US dollar in a range-bound trade. The...

India and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...

Over 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...

Banks will benefit from new Reserve Bank of India rules. Swap deals for foreign currency funds will not count towards their overnight forei...