Search Results for: rupee

Dollar to Play Lesser Role Due to Its Weaponization, Monedas digitales, Economist Jeffrey Sachs Says

por

Within the next decade, los Estados Unidos. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as…

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

por

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March,…

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

por

The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments…

G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor

por

The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor reportedly said. Crypto regulation was among the key topics discussed during the G20 meeting over…

RBI Begins First Retail Digital Rupee Pilot in 13 Indian Cities With 8 Banks

por

banco central de la india, el Banco de la Reserva de la India (carreras impulsadas), is launching its first retail digital rupee pilot on Dec. 1 with the participation of eight banks. The pilot will start in four cities and then expand to cover nine more cities…

Indian Central Bank RBI Begins First Digital Rupee Pilot Today

por

banco central de la india, el Banco de la Reserva de la India (carreras impulsadas), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee…

India supera al Reino Unido como la quinta economía más grande del mundo según datos del FMI

por

India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (FMI) shows. India’s former chief economic advisor expects the country to become the world’s third-largest economy by 2028-30. India Becomes 5th Largest…

India congela el valor de los activos bancarios y criptográficos de Vauld respaldado por Peter Thiel $46 Millón

por

India’s Enforcement Directorate (ED) has frozen crypto exchange Vauld’s crypto and bank assets worth about INR 370 crore ($46,439,181). Vauld halted deposits and withdrawals last month. The Indian law enforcement agency is reportedly investigating more than 10 cryptocurrency exchanges. Indian Authority…

Nepal se prepara para emitir moneda digital, Borradores Modificaciones necesarias

por

A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the…

Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging

por

India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and Exchange Board of India (SEBI) reportedly told the Parliamentary…