Current Account Convertibility Comes to India

Current Account Convertibility Comes to India in Gift City In one of the Major Financial Reforms, Indian Government wide their International Financial Services Centres Authority (Banking) Regulations, 2020 Notification dated 18th November, 2020 allowed Banks to Open Branches in Gift City. Currency for conducting business A Banking Unit shall conduct such business in freely convertible…

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Morning Report

✆  +91 84528 08533    ✉︎   prashanti.forex@gmail.com  🌐  prashantiforex.in Friday, 28 August 2020 HeadLines Dollar buoyed by yields surge jump after Fed’s inflation shift In landmark shift, Fed rewrites approach to inflation, labor market Asian stocks may be choppy despite U.S. Fed inflation shift, COVID outlook Oil dips as U.S. rigs, refiners appear to…

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