Melchior@feddit.org to Europe@feddit.orgEnglish · 9 days agoIndia Considers Real-Time Euro FX Settlement Amid EU Trade Pushwww.business-standard.comexternal-linkmessage-square2linkfedilinkarrow-up16arrow-down10
arrow-up16arrow-down1external-linkIndia Considers Real-Time Euro FX Settlement Amid EU Trade Pushwww.business-standard.comMelchior@feddit.org to Europe@feddit.orgEnglish · 9 days agomessage-square2linkfedilink
minus-squareMelchior@feddit.orgOPlinkfedilinkEnglisharrow-up3·9 days agoActually quite a lot of EU trade is done in Euros. 11.5% of Indias trade is with the EU, so this might be interesting for them. So 5% settlement in Euros is possible.
Actually quite a lot of EU trade is done in Euros. 11.5% of Indias trade is with the EU, so this might be interesting for them. So 5% settlement in Euros is possible.