When used strategically, cross-currency swaps can provide financial flexibility and cost savings. Article Sources Investopedia requires writers to use primary sources to support their work.

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

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

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

Jeff Jackson, the US state’s attorney general, says Chinese social media app facilitates money laundering that helps fuel ...

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

Do you use crypto exchanges to swap one coin for another? There are many more services an exchange provides. Learn about them ...

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

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

RBI seeks approval for domestic banks to lend Rupees to overseas borrowers, aiming to boost global trade in Rupee.

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