Tag: cross-border settlements
Posted in Economy
India, Russia explore digital currency payments for trade in cross-border breakthrough
India and Russia are working on a mechanism to use digital currencies for bilateral trade settlements, potentially opening a new route for faster and more…
Posted in Economy
Bilateral trade settlement in local currencies in textiles, chemicals, metals to aid intra-APAC trade
New Delhi: Asia Pacific economies could expand bilateral trade invoicing and settlement in local currencies for goods where intra-regional trade is strong such as textiles,…