UAE emerges as alternative to rupee trade with Russia https://ift.tt/OTYcQiW push is toward facilitating trade through the UAE as the country's currency - the dirham - is pegged to the dollar and enjoys global stability.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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