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India cenbank's active rupee management stretches valuation to near 2-year peak
Reuters via Yahoo Finance· 7 months agoThe Indian rupee's valuation against currencies of major trading partners has surged to a near...
Currency clashes sour Russia's oil trade with Asia
Reuters via Yahoo Finance· 6 months agoOne of Russia's most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of...
World Weaning Away From The Dollar? India Purchases 1 Million Barrels Of Oil In Rupees, Not Dollars...
Benzinga via Yahoo Finance· 8 months agoIn mid August, India made its first crude oil payment to the United Arab Emirates (UAE) in Indian...
DAVOS 2023-UAE and India discussing settling non-oil trade in rupees
Reuters via Yahoo Finance· 1 year agoThe United Arab Emirates is in early discussions with India to trade non-oil commodities in Indian...
Asian currencies stumble amid rising U.S. dollar and hawkish Federal Reserve stance
Investing.com via Yahoo Finance· 8 months agoAsian currencies experienced a decline in value on Thursday, reflecting the impact of a surge in the U.S. dollar and the U.S. Federal Reserve's hawkish monetary policy. The Indian rupee, South ...
The bloc of countries that wants to overthrow the US dollar is set to gain 6 new members — here's...
Business Insider via Yahoo Finance· 8 months agoThe BRICS group of emerging nations has invited six new members to join its fold.Per-Anders...
Two Bangladesh banks to offer trade transactions in Indian rupees
Reuters via Yahoo Finance· 10 months agoTwo Bangladeshi banks including the largest state-owned lender plan to introduce trade transactions...
Zimbabwe is launching a local digital currency alternative to the US dollar
Quartz via Yahoo Finance· 1 year agoZimbabwe is introducing local digital tokens in the hope of reducing reliance on the US dollar....
India’s Soaring Russian Oil Imports Render Rupee Trade Futile
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- India’s love for discounted Russia oil is widening its trade deficit with Moscow and...
3 reasons countries around the world want to break up with the dollar
Business Insider via Yahoo News· 5 months agoA few key outside factors are chipping away at the US dollar's dominance in global trade.Getty...