Continuous Linked Settlement News Today

<p><span>Thank you, Beth Anne, and thank you for the opportunity to speak to you today.</span><a title="footnote 1" href="https://www.federalreserve.gov/newsevents/speech/waller20240520a.htm#fn1"><span>1</span></a><a name="f1"></a><span> I would like to welcome everyone to this Third Conference on the International Roles of the U.S. Dollar, which is jointly organized by the Federal Reserve Bank of ...

As firms prepare for T+1 in May 2024, DTCC’s Val Wotton says they should also consider the complexities for cross-border trades. 

AI, blockchain and APIs can address the demand for cross-border payments, J.P. Morgan Payments’ executives Naveen Mallela and Gayathri Vasudev tell PYMNTS.

The $7.5tn-a-day global foreign exchange market is once again buffeted by the regulatory shifts elsewhere. The scramble is on to find out whether trading costs and operational risks will rise, or currency trading patterns will morph into a pattern more closely aligned to equities.

RBI eyes global currency role for rupee

It also recommended integrating Indian payment systems with other countries for cross-border transactions and strengthening financial markets by fostering a global 24x5 INR market

A Reserve Bank-appointed committee on Wednesday suggested a host of short-term and long-term measures for internationalisation of Indian rupee, including efforts for inclusion of the Indian currency in IMF's Special Drawing Rights (SDR) basket.

A Reserve Bank-appointed committee on Wednesday suggested a host of short-term and long-term measures for internationalisation of Indian rupee, including efforts for inclusion of the Indian currency in IMF's Special Drawing Rights (SDR) basket.

A RBI panel has suggested that in the long run, India will achieve higher level of trade linkages with other countries, as a result of which the rupee is likely to reach a level where it would be widely used, and proposed the currency's ...

The group was constituted by RBI Deputy Governor T Rabi Sankar to review the position of the rupee as an international currency and to frame a road map for the internationalisation of the domestic currency.