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

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

China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest ...

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

The Reserve Bank of India (RBI) is seeking government approval to allow domestic banks to lend rupees to overseas borrowers, ...

Discover new crypto listings shaking up the market. Explore emerging cryptos, their unique features, and why they capture investor attention.

The two monetary authorities previously agreed on local currency swaps worth up to 400 billion yuan ($55 billion).

Swiss authorities said on Sunday they were exploring whether to open a legal investigation into the activities of the Gaza ...

China"s yuan has the potential to rival a weakening US dollar as a global currency if Beijing liberalises convertibility and access for foreigners, according to a senior Asian economist.China wants ...

Withdrawing the Fed’s swap lines would be a step toward ending dollar’s role as a reserve currency, Vincient Arnold writes in ...

Cross-chain swaps are a ind of a big deal, allowing you to shift tokens between networks like EOS (now Vaulta), Ethereum (ETH ...

The currency you're short on has an interest rate of 0.1%. Assuming a notional value of $100,000, you can compute interest like this: The amount won't be exactly $12 because banks use an overnight ...