US dollar

In a historic decision, India and UAE have decided to stop using US Dollars for all trade-related activities and directly trade in INR and Dirham, which is the official currency of UAE. Businesses involved in export & import of goods…

Brazil, Russia, South Africa, India and China – the leaders of all five emerging market economies met on the margins of the BRICS Summit in China to discuss their role in world affairs, energy and food security challenges, climate…

The 2008 recession has turned the global currency picture upside down. The impact of the slowdown has been felt harder on the advanced economies such as the US, UK and Europe, leading to substantial drain in their currency strength and…