Search For "currencies"
India-UAE to enable bilateral trade in local currencies
Updated : 7 months, 3 weeks ago IST
"Ongoing strategic initiatives between the Central Banks of India and the UAE to enable bilateral trade in local currencies, the integration of payment systems in the two countries and cooperation on Central Bank Digital Currencies were also discussed, with both sides commending the stron
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India, Mauritius move closer to implementing trade in local currencies as
Updated : 7 months, 3 weeks ago IST
India and Mauritius have reached an understanding on conducting trade in local currencies, with discussions now taking place between the central banks of both countries, said MEA foreign secretary Vikram Misri during a special briefing on Thursday.
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Momentum in Gold to continue; prices up in all major currencies: WGC
Updated : 7 months, 3 weeks ago IST
A strong rally into the month-end saw gold reach USD 3,429/oz, up by 4 per cent, and as of the end of August, gold was up 31 per cent for the year. As per the Gold Market Commentary report by the World Gold Council, Gold gained in all major currencies, despite a much weaker US dollar, and th
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Forex Trading Application: Your Gateway to the Currency Markets
Updated : 9 months, 1 week ago IST
New Delhi [India], August 20: Forex trading has become increasingly accessible thanks to the rise of mobile and desktop applications. These forex trading applicationhave transformed how individuals and institutions interact with the foreign exchange market, making it easier than ever to trad
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Global gold prices up just 0.3% in July, overall 26% by far in 2025 becaus
Updated : 9 months, 3 weeks ago IST
Globally, gold prices edged up marginally 0.3 per cent in July at USD 3,299, when a stronger US dollar contributed to positive returns in all major currencies, according to World Gold Council.
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Putin calls for BRICS-wide "independent settlement system" using national
Updated : 10 months, 3 weeks ago IST
Russian President Vladimir Putin emphasised the need to expand the use of national currencies in mutual settlements among BRICS countries, calling for the "creation of an independent settlement on the BRICS platform" to make transactions "faster, more efficient and safer."
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Settlement in national currencies on BRICS agenda
Updated : 11 months ago IST
The upcoming BRICS Summit will focus on boosting trade in national currencies, reforming global governance, and tackling social issues like poverty and digital access. Member countries aim to strengthen cooperation, support the Global South, and explore independent dispute resolution, reflec
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Amid weakening dollar, buy Asian currencies for long-term standpoint: Jeff
Updated : 11 months ago IST
Citing recent signs of weakness in the US dollar and other concerning trends in the American economy, global investment firm Jefferies advises investors to prefer Asian currencies over US dollar.
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Global Investors should reduce US dollar holdings amid new market conditio
Updated : 11 months, 4 weeks ago IST
The global investors holding too much cash in US dollars may face increasing risks, and it might be the right time to consider shifting some of that money into other currencies or assets, according to a report by UBS.
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All-party delegation: India pushes South-South trade, reiterates counter-t
Updated : 12 months ago IST
AAP MP Vikramjit Singh Sahney highlighted India's focus on "South-South cooperation" and advocated for BRICS trade in local currencies, along with expanded investment through the New Development Bank to support Africa's agri-value chains and food security
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JP Morgan forecasts continued soft dollar, bullish for EM assets
Updated : 1 year ago IST
US dollar will remain soft this year which is likely to benefit Emerging Market (EM) assets according to a research report by American investment banking firm JP Morgan.
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Asian currencies to enjoy long-term appreciation against USD as gross nati
Updated : 1 year ago IST
Asian currencies are likely to appreciate against the US dollar in the long term, according to a recent report by Jefferies.
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