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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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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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 At 2-Week High, May Shift Away From 65-Mark, Say Experts: 5 Points
The rupee on Wednesday ended at a two-week high of 64.83 against the US dollar following US inflation data and the 'Rexit'. For Thursday, US retail sales data - which have fallen for the third straight month, may guide the US dollar movement and in turn, affect the domestic currency, said experts. The rupee traded almost flat in most part of the da...
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Turkey Wants Trade With China, Russia And Iran In Local Currencies: Recep Erdogan
Turkey is taking steps to allow commerce with China, Russia and Iran to be conducted in local currencies, President Tayyip Erdogan said on Sunday, the government's latest effort to shore up the tumbling lira.
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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.
-
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.
-
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 At 2-Week High, May Shift Away From 65-Mark, Say Experts: 5 Points
The rupee on Wednesday ended at a two-week high of 64.83 against the US dollar following US inflation data and the 'Rexit'. For Thursday, US retail sales data - which have fallen for the third straight month, may guide the US dollar movement and in turn, affect the domestic currency, said experts. The rupee traded almost flat in most part of the da...
-
Turkey Wants Trade With China, Russia And Iran In Local Currencies: Recep Erdogan
Turkey is taking steps to allow commerce with China, Russia and Iran to be conducted in local currencies, President Tayyip Erdogan said on Sunday, the government's latest effort to shore up the tumbling lira.
