India Allows Late Foreign-Exchange Deals to Lure Trade Home
A conductor holds Indian rupee banknotes as he waits for passengers on a bus during the morning rush hour at a bus stop outside the Maharana Pratap Inter-state bus terminus (ISBT) at Kashmiri Gate in New Delhi. (Photographer: Prashanth Vishwanathan/Bloomberg)

India Allows Late Foreign-Exchange Deals to Lure Trade Home

(Bloomberg) -- India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home.
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