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Indices. India International Exchange (IFSC) Limited, also known as India INX, is a wholly-owned subsidiary of BSE (Bombay Stock Exchange) Ltd. It is India's first international exchange located at the International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City). India INX offers a wide range of products ...
UAE Exchange established its first branch and operations in Abu Dhabi, UAE in the year 1980. In 1993, UAE Exchange became a SWIFT member and over the following two years opened operations in Oman and Kuwait, as well as launching transfer, gold card, and banknote services. In 1999 it launched retail operations in India, which was to become the ...
Multi Commodity Exchange of India Ltd ( MCX) is a commodity exchange based in India. It was established in 2003 by the Government of India and is currently based in Mumbai. It is India's largest commodity derivatives exchange. The average daily turnover of commodity futures contracts increased by 26% to ₹32,424 crore during FY 2019-20, as ...
Foreign exchange reserves facilitate external trade and payment and promote orderly development and maintenance of foreign exchange market in India. [2] India's total foreign exchange (forex) reserves stand at around US$ 598.89 billion on 08 sep 2023, with the foreign currency assets (FCA) component at around US$530.691 billion, gold reserves ...
Officially, the Indian rupee has a market-determined exchange rate. However, the Reserve Bank of India trades actively in the USD/INR currency market to impact effective exchange rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate.
Dubai Multi Commodities Centre ( DMCC) is the UAE 's largest free-trade zone that is located in the Jumeirah Lake Towers district of Dubai. Created in 2002, it serves as a commodities exchange that deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and agricultural commodities (e.g., tea, cotton). [1]
The Government of Jharkhand also known as the State Government of Jharkhand, or locally as State Government, is the supreme governing authority of the Indian state of Jharkhand and its 24 districts. It consists of an executive, led by the Governor of Jharkhand, a judiciary and a legislative branch. Like other states of India, the head of state ...
The new UAE dirham entered circulation on the same day the Currency Board was established. At this time, the Currency Board of the UAE did not have full central bank powers. It was mandated to manage the currency and the country's gold and foreign exchange reserves, but did not have regulatory authority and was not empowered to manage the UAE's ...