Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim ...

Surat: A fake currency manufacturing unit operating in the office of an online garment store was busted in Gujarat's Surat ...

India is looking at promoting trade in local currencies with various other countries including UAE, African nations and ...

The overall forex kitty had jumped by USD 5.248 billion to a high of USD 689.235 billion for the previous reporting week ended on September 6.

Frequent interventions by the nation’s central bank have transformed the rupee from Asia’s most volatile currency to one of ...

NRIs and other international investors can now invest in India without the need to convert the money to INR (reduced exchange ...

On September 9, 1812, the Bank of Bengal issued India's first paper currency, revolutionising the financial landscape and ...

According to FMF economic analyst Nicholas Woode-Smith, it is good that South Africa has not engaged further on a unified ...

Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim borrowing costs as US interest rates decline, six bankers told Reuters.

Ali Reza Iftekhar, managing director and CEO of Eastern Bank, told TBS, "There is a trade imbalance of $12-12.5 billion between our imports and exports with India. After the initiation of trade in ...