International

India's Central Bank Pushes for Removal of Cap on 'Vostro' Account Investments to Promote Rupee-Denominated Trade

India’s central bank is advocating for the removal of the investment cap on foreign banks' vostro accounts, which would allow them to purchase short-term sovereign debt. This move aims to enhance t...

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Asian Currencies Gain Favor as Dollar Stays on the Back Foot

Investor optimism toward Asian currencies surged, according to a Reuters survey released Thursday, as persistent concerns over U.S. trade policies under President Donald Trump continued to weigh do...

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