The plan would enable direct convertibility between the rupee and yuan, and will help cut transaction and hedging costs. The proposal would allow Indian exports of pharmaceuticals, oilseeds and sugar to China to be settled in rupee, while keeping out trade in high volume products such as electronics.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2z9a9lJ
Subscribe to:
Post Comments (Atom)
Government concerned over telcos' service quality
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Oyt4IxX
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
The Delhi High Court on Thursday dismissed the pleas of TTV Dhinakaran and VK Sasikala challenging the Election Commission's order grant...
-
Collecting Lego — yes, the plastic toys made of interlocking bricks that become cars and castles and robots —returned more than large stocks...
No comments:
Post a Comment