Internationalisation

The Inter Departmental Group of the Reserve Bank of India has recommended a roadmap to achieve the internationalization of the rupee. File. | Photo Credit: Reuters As the Government of India presses ahead with internationalisation of the…

India and Sri Lanka stepped up their talks to proceed with trade in Indian Rupee as New Delhi and Colombo look set to expand their bilateral cooperation in "power and energy sector as well as aspects relating to Rupee trade".Dr Pramod Kumar…

Last Updated: April 27, 2023, 00:04 ISTChina has long been promoting the use of yuan to settle cross-border trades as part of an efforts to internationalise the use of its currency. (Photo: Reuters)Cross-border payments and receipts in yuan…

M Rajeshwar Rao, Deputy Governor, Reserve Bank of India (RBI). File | Photo Credit: The Hindu Bureau India needs to gear up to manage the exchange rate volatility as the country progresses on the path of internationalisation of rupee and…

Last Updated: March 09, 2023, 19:15 ISTAccording to Rao, further dynamics are likely to emerge as the country progresses towards the path of internationalisation of the rupee. RBI Deputy Governor M Rajeshwar Rao said as the economy grows…

SHANGHAI: China's central bank said it will steadily and prudently push forward yuan internationalisation to promote a higher level of two-way opening up its financial markets. The People's Bank of China (PBOC) also said it will also…

TAIPEI : The war in Ukraine and Russia's effective exclusion from the global currency system could be an opportunity for China to raise the profile of its currency in a challenge to the U.S. dollar, a senior Taiwanese security official…

BEIJING : China will "steadily and prudently" promote yuan internationalisation in 2021, and further develop offshore yuan markets, the central bank said on Saturday.Cross-border settlements in the local currency totalled 28.39 trillion…

By ANI BENGALURU: FC Bengaluru United and Spanish LaLiga side Sevilla FC have been nominated for the Best Internationalisation Strategy by the prestigious World Football Summit Awards. The two clubs have been…