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India launches real-time forex settlement system in Gujarat to boost transparency and efficiency.
Finance Minister Nirmala Sitharaman launched a real-time foreign exchange settlement system at GIFT City in Gujarat, India, aiming to enhance the efficiency and transparency of currency transactions.
The system enables immediate settlement of forex trades, reducing risks and improving liquidity.
It marks a significant step in India’s efforts to strengthen its financial infrastructure and position GIFT City as a global financial hub.
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India lanza un sistema de liquidación de divisas en tiempo real en Gujarat para impulsar la transparencia y la eficiencia.