India, Mauritius join hands to trade in local currencies

Mar 18, 2025

The two leaders had agreed to facilitate trade settlements in local currencies--Indian Rupee and Mauritian Rupee--which would help derisk bilateral trade.

Russia's central bank limits cash withdrawal in foreign currencies

Mar 09, 2022

Moscow [Russia], March 9 : The Central Bank of Russia (CBR) on Wednesday announced that it is imposing a temporary restriction on the withdrawal...

Central bank digital currencies may disrupt financial systems: Fitch

May 22, 2021

London [UK], May 22 : The broader adoption of general-purpose central bank digital currencies (CBDCs) will present authorities with trade-offs between the associated risks...

Asian currencies to enjoy long-term appreciation against USD as gross national savings of Asia are higher compared to G7 countries: Jefferies

May 24, 2025

Asian currencies are likely to appreciate against the US dollar in the long term, according to a recent report by Jefferies.

US dollar strengthened much more against other currencies versus Indian rupee

Jul 16, 2022

New Delhi [India], July 16 : The extent of fall in the value of the Indian rupee versus the US dollar has been...

Indian rupee depreciated marginally last quarter, long term outlook positive: Experts

Oct 04, 2024

The Indian rupee faced strong competition in the last quarter from other major Asian currencies, particularly Japan's yen and the Chinese yuan.