Search For "local currency"
Orient Exchange Expands Buy Back Scheme to 16 Destination Currencies
Updated : 1 week, 3 days ago IST
New Delhi [India], March 5: Customers Can Now Sell Back Up to 25% of Purchased Foreign Currency at the Same Buying Rate Within 30 Days. Orient Exchange has announced the expansion of its popular Buy Back Scheme, extending the benefit to a total of 16 destination currencies. The expanded sche
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Orient Exchange Introduces "Buy Back Guarantee" for Travellers -- Protecti
Updated : 3 months, 1 week ago IST
New Delhi [India], December 2: Orient Exchange, one of India's most trusted RBI-authorised foreign exchange providers, has launched a traveller-friendly Buy Back Guarantee offer, allowing customers to return unused foreign currency at the same rate they purchased it. This benefit shields tra
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Diversify in quality bonds, forex to manage market volatility amid economi
Updated : 3 months, 2 weeks ago IST
As global markets continue to face uncertainty, investors should focus on diversification through quality bonds and foreign exchange (FX) strategies to manage volatility, HSBC said in its latest report.
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India to launch digital currency, says Piyush Goyal; discourages cryptocur
Updated : 5 months, 1 week ago IST
Union Minister Piyush Goyal stated that India does not encourage cryptocurrencies lacking sovereign or asset backing, such as those not supported by the Reserve Bank of India (RBI) or local currency.
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De-dollarisation not on BRICS agenda, India reaffirms stance
Updated : 8 months ago IST
India on Thursday reiterated that de-dollarisation was not on the BRICS agenda, and the member countries were only looking at cross-border payments in local currency.
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"BRICS currency is a very complex discussion": Brazil's Ambassador to Indi
Updated : 8 months, 4 weeks ago IST
Nobrega said that BRICS countries have already been trading in local currency and one should not relate this to de-dollarisation.
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India upgraded to 'BBB' with 'Stable' trend by Morningstar
Updated : 10 months, 1 week ago IST
Global sovereign credit rating agency Morningstar DBRS has upgraded India's Long-Term Foreign and Local Currency - Issuer Ratings from BBB (low) to BBB with a 'stable' trend.
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India, Mauritius join hands to trade in local currencies
Updated : 12 months ago IST
The two leaders had agreed to facilitate trade settlements in local currencies--Indian Rupee and Mauritian Rupee--which would help derisk bilateral trade.
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PM Modi, Mauritius counterpart Ramgoolam agree to facilitate trade settlem
Updated : 1 year ago IST
The two leaders also agreed to hold the second session of the High Power Joint Trade Committee under the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) to further strengthen trade, economic cooperation and partnership between the two nations.
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De-dollarisation not on agenda, only agreements for Vostro accounts with c
Updated : 1 year, 3 months ago IST
Responding to questions during the post-monetary policy press conference, the central bank governor said all that RBI has done is permit the opening of Vostro accounts to countries who wish to trade in local currency. This was a part of the de-risking of trade.
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Kazan Declaration: BRICS leaders emphasise use of local currency, call for
Updated : 1 year, 4 months ago IST
The leaders stressed the importance of bolstering cross-border financial practices and deepening economic ties among member countries. They reiterated the growing need to reform the international financial architecture to make it more inclusive and equitable.
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India-Ghana agree to strengthen trade ties at 4th joint trade committee me
Updated : 1 year, 10 months ago IST
India and Ghana explored the possibility of signing Memorandums of Understanding (MoUs) on Digital Transformation Solutions and the local currency settlement system.
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