Local Currency Trading
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Iran, Russia Ink Deal To Trade In Local Currencies, Dump US Dollar: Report
Iran and Russia have finalized an agreement to trade in their local currencies instead of the US dollar, Iran's state media reported on Wednesday.
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India, UAE Undertake First-Ever Crude Oil Transaction In Local Currency
The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place on Monday between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL).
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IIT Delhi In Gulf, Trade In Local Currencies Focus Of PM's UAE Visit
India and UAE agreed to key economic collaborations and decided to establish an IIT campus in Abu Dhabi during Prime Minister Narendra Modi's official visit to the Gulf country today.
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BRICS Nations Pitch For Using Local Currencies In International Trade
The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade.
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Bond Yields Trade Lower On Value-Buying; Firmer Rupee Aids Risk Sentiment
Indian government bond yields traded marginally lower on Monday, as investors continue to add positions, while the strengthening of local currency further aided risk sentiment.
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Rupee Bucks Trend, Strengthens To Below 78 A Dollar; Risks Remain
The rupee strengthened by 12 paise to 77.93 against the US dollar in opening trade on Monday as easing crude oil prices supported the local unit.
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Rupee Gains Against US dollar, Contrary To Broad Global Market Moves
The rupee strengthened by 6 paise to 78.04 against the US dollar in opening trade on Friday as easing crude oil prices supported the local unit.
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International Crypto Exchanges Move To Allow Trade In Local Currency
The crypto exchanges are showing this enthusiasm at a time when RBI has appeared little excited about private cryptocurrencies
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India Considering Rupee Payments For Trade With Russia: Report
India is working out a mechanism to facilitate trade with Russia using local currencies, with a decision expected as early as next week, according to people familiar with the matter.
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Rouble-Crypto Trading Surges As Sanctions Hit Russian Currency
Trading volumes between the Russian rouble and the Tether cryptocurrency spiked sharply on Monday as the local currency tumbled to a record low on Western sanctions, data shared with Reuters showed.
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CrossTower, a Global Cryptocurrency Exchange, Enters India Despite Policy Uncertainty
CrossTower cryptocurrency exchange has set up a local unit in India and launched a trading platform to capture the growing domestic crypto market even though the fate of cryptocurrency in India is still unclear.
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Rupee Falls For Third Straight Session, Slips To 72.62 Against Dollar Amid Volatile Trade
Rupee Vs Dollar Today: At the interbank foreign exchangemarket, the local unit opened lower to72.68 against the dollar but recovered some of its losses during the trading session.
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Rupee Settles Higher To 72.53 Against Dollar Amid Muted Domestic Equities
Rupee Vs Dollar Today: During the trading session, the local unit witnessed an intra-day high of 72.43 and a low of 72.60.
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Rupee Edges Lower To Settle At 73.02 Against Dollar Amid Risk Aversion In Global Markets
Rupee Vs Dollar Today: In an early trade session, the local unit declined 16 paise to 72.99 against the dollar amid muted opening in domestic equities, which weighed on investor sentiment.
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Rupee Trades In Narrow Range, Settles Flat At 73.64 Against Dollar
Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.65 against the dollar and registered an intra-day high of 73.56
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Iran, Russia Ink Deal To Trade In Local Currencies, Dump US Dollar: Report
Iran and Russia have finalized an agreement to trade in their local currencies instead of the US dollar, Iran's state media reported on Wednesday.
-
India, UAE Undertake First-Ever Crude Oil Transaction In Local Currency
The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place on Monday between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL).
-
IIT Delhi In Gulf, Trade In Local Currencies Focus Of PM's UAE Visit
India and UAE agreed to key economic collaborations and decided to establish an IIT campus in Abu Dhabi during Prime Minister Narendra Modi's official visit to the Gulf country today.
-
BRICS Nations Pitch For Using Local Currencies In International Trade
The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade.
-
Bond Yields Trade Lower On Value-Buying; Firmer Rupee Aids Risk Sentiment
Indian government bond yields traded marginally lower on Monday, as investors continue to add positions, while the strengthening of local currency further aided risk sentiment.
-
Rupee Bucks Trend, Strengthens To Below 78 A Dollar; Risks Remain
The rupee strengthened by 12 paise to 77.93 against the US dollar in opening trade on Monday as easing crude oil prices supported the local unit.
-
Rupee Gains Against US dollar, Contrary To Broad Global Market Moves
The rupee strengthened by 6 paise to 78.04 against the US dollar in opening trade on Friday as easing crude oil prices supported the local unit.
-
International Crypto Exchanges Move To Allow Trade In Local Currency
The crypto exchanges are showing this enthusiasm at a time when RBI has appeared little excited about private cryptocurrencies
-
India Considering Rupee Payments For Trade With Russia: Report
India is working out a mechanism to facilitate trade with Russia using local currencies, with a decision expected as early as next week, according to people familiar with the matter.
-
Rouble-Crypto Trading Surges As Sanctions Hit Russian Currency
Trading volumes between the Russian rouble and the Tether cryptocurrency spiked sharply on Monday as the local currency tumbled to a record low on Western sanctions, data shared with Reuters showed.
-
CrossTower, a Global Cryptocurrency Exchange, Enters India Despite Policy Uncertainty
CrossTower cryptocurrency exchange has set up a local unit in India and launched a trading platform to capture the growing domestic crypto market even though the fate of cryptocurrency in India is still unclear.
-
Rupee Falls For Third Straight Session, Slips To 72.62 Against Dollar Amid Volatile Trade
Rupee Vs Dollar Today: At the interbank foreign exchangemarket, the local unit opened lower to72.68 against the dollar but recovered some of its losses during the trading session.
-
Rupee Settles Higher To 72.53 Against Dollar Amid Muted Domestic Equities
Rupee Vs Dollar Today: During the trading session, the local unit witnessed an intra-day high of 72.43 and a low of 72.60.
-
Rupee Edges Lower To Settle At 73.02 Against Dollar Amid Risk Aversion In Global Markets
Rupee Vs Dollar Today: In an early trade session, the local unit declined 16 paise to 72.99 against the dollar amid muted opening in domestic equities, which weighed on investor sentiment.
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Rupee Trades In Narrow Range, Settles Flat At 73.64 Against Dollar
Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.65 against the dollar and registered an intra-day high of 73.56
