The declining dominance of the U.S. dollar is more than a transient phenomenon; it represents a structural shift in global ...

The Reserve Bank of India wants to allow domestic banks to give loans to overseas borrowers in Indian currency – a historic ...

The Reserve Bank of India (RBI) is reportedly seeking government approval for domestic banks to lend rupees to overseas ...

RBI seeks to allow rupee lending overseas to boost currency's use in trade transactions, enhancing global acceptance.

NEW DELHI] India’s central bank is taking another step to internationalise the rupee, seeking approval to allow domestic ...

The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in ...

The Russian currency’s rally has been fueled by rising oil prices and optimism regarding the Ukraine peace talks, analysts ...

In a fragmenting global economy, China’s push to internationalise the renminbi reveals how economic and financial linkages ...