At Davos, RBI Governor says digital currency will make cross border payments more efficient

Jan 19, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and...

Bringing efficiency in cross-border payments among motivations behind wholesale digital Rupee: Govt

Dec 12, 2022

Bringing efficiency in cross-border payments is another important motivation for introducing Central Bank Digital Currency in the wholesale segment.

Singapore launches expanded initiative for cross-border usage of digital currency

Nov 04, 2022

The enhanced initiative is named Ubin+, which will strengthen Singapore's capabilities to use digital currency-based infrastructure for cross-border transactions.

Singapore, France, Switzerland successfully test cross-border wholesale digital currency

Sep 29, 2023

The central banks of Singapore, France and Switzerland in collaboration with the Bank for International Settlements (BIS) have successfully concluded a project where they...

Funding environment conducive for recovery, currency to change structurally: Ind-Ra

Dec 09, 2020

Mumbai (Maharashtra) [India], December 9 : India Ratings and Research (Ind-Ra) expects interest rates to stabilise at the current level and Indian currency to...

Meghalaya: BSF apprehends Bangladesh national trying to cross border with Indian currency

Apr 16, 2023

The seized Indian currency and accused were handed over to Dawki Police Station for further Investigation and legal proceedings.