You Searched For "international trade settlement" and got 20 results
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3 mins read
DPIIT's withdrawal of a copyright rule order to strengthen rights owners' position: Experts
The DPIIT'S withdrawal of the September 2016 office memorandum regarding extending the scope of a c…
PTI
4 mins read
Explained: International trade settlement in Rupees and why RBI is doing it
The Reserve Bank of India’s efforts to keep the Rupee stable and cut down the use of the US Dollar …
3 mins read
Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier
Russia is facing so many issues with its international trade payments that it's shifting its previo…
Huileng Tan
2 mins read
The Chinese yuan has helped fund Russia's trade and war machine — but those days may be numbered
Russia is looking into alternative payments infrastructure — which a top Russian banker said should…
Huileng Tan
2 mins read
China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
Huileng Tan
3 mins read
Russia's weakened energy trade and lost access to the dollar will spark a severe recession within a year, a top economist says
Russia's energy profits are tumbling, and the nation could face major financial trouble as it loses…
Jennifer Sor
6 mins read
Decoded: How the rupee trade settlement is tied to India’s trade deficit and forex reserves
As a net-importing country, India’s forex reserves have come under pressure due to the surge in the…
1 min read
'Stablecoins are not stable and have no role as money'
Last month, the shocking implosion of the TerraUSD and Luna cryptocurrencies threw many young inves…
1 min read
India ready for rupee trade with countries facing currency crises: Commerce Secretary
Commerce Secretary Sunil Barthwal on Friday said India is ready to trade in Indan Rupee with countr…
PTI
2 mins read
De-dollarizing global trade is a great move but will take decades to play out says Motilal Oswal
The RBI is aiming to de-dollarize global trade and the Indian economy, Motilal Oswal Financial Serv…
1 min read
Central bank digital currencies could slash costs for cross-border payments and speed transactions to seconds, BIS says
A prototype of a CBDC platform showed the time for cross-border payments taking as little as 2 seco…
Carla Mozée
1 min read
Russia is using China's yuan to settle 25% of its trade with the rest of the world, report says
Moscow has been stoking the de-dollarization movement by refusing to settle contracts using so-call…
George Glover
2 mins read
BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says
The US dollar could soon be in the same position as the British pound in the 1800s, a former White …
Jennifer Sor
2 mins read
It's not just China India is now pushing a de-dollarization narrative by touting the use of the rupee for trade
The USD is still by far the world's most dominant currency, accounting for almost 90% of global for…
Huileng Tan
2 mins read
It's not just China —India's now pushing a de-dollarization narrative by touting the use of the rupee for trade
The USD is still by far the world's most dominant currency, accounting for almost 90% of global for…
Huileng Tan
1 min read
A top economist warns the US dollar will 'no longer be the dominant world currency' as trade in Chinese yuan rises
The greenback "doesn't have quite the pull it used to," Paul Gruenwald, S&P Global's chief economis…
Huileng Tan
1 min read
A top economist warns the US dollar will 'no longer be the dominant world currency' as trade in Chinese yuan rises
The greenback "doesn't have quite the pull it used to," Paul Gruenwald, S&P Global's chief economis…
Huileng Tan
1 min read
The leaked Facebook whistleblower files have triggered an FTC probe into whether the tech giant violated a $5 billion privacy settlement, a report says
The FTC has been in touch with Facebook whistleblower Frances Haugen's team, a source told The Wall…
Isobel Asher Hamilton
3 mins read
Sanctions against Russia could hurt the US dollar as countries like Iran and China seek alternative currencies for trade: Treasury Secretary Janet Yellen
The dollar dominated global trade in January, and made up about 85% of trade finance, according to …
Huileng Tan
4 mins read
China's looking to reorder global oil trade by transacting with Saudi Arabia in yuan. The move could dampen the dollar's dominance.
Insider's Phil Rosen breaks down how China is looking to disrupt the oil trade, and where prices ar…