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...

China has pledged "unwavering support" for Pakistan's crucial role in mediating peace talks between the US and Iran. Following high-level d...

Brazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil...

The Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...

Bank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...

Foreign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...

Nikhil Kamath, Zerodha co-founder, sees significant investment potential in the energy transition, citing the U.S.-Iran conflict's emphasis...

Spouses of German citizens and legal residents can now reunite in Germany through a streamlined spouse visa process. This long-stay visa, r...

Bandhan Bank has raised interest rates on Foreign Currency Non-Resident Bank deposits for non-resident Indian customers. US dollar deposits...

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

Money market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...

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 ...

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...

The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement pla...