Domestic Currency Transactions

Express View: Trade data points to slowing global and domestic demand

April 15, 2023

At the aggregate level, merchandise exports rose to $447 billion in 2022-23, up 6 per cent from $422 billion in 2022-23. But strip away non-oil exports, and exports in the full year were actually …

The government’s push to facilitate international trade in domestic currency is a good idea

November 10, 2022

It links up with the limitations to such domestic currency-based trade settlements. The first is, of course, geopolitical: Russia has now emerged as India’s biggest crude supplier, from a distant No 12 in 2021-22. …