Seventy years in the past the Indian rupee was usually discovered a good distance from dwelling. After India gained independence from Britain, the forex remained in use in sheikhdoms throughout the Arabian Sea. Till as late as 1970, some employed the Gulf rupee, a forex issued by India’s central financial institution.
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About a decade in the past, a flashy, deep-pocketed investor made an look. Saudi Arabia’s Public Funding Fund (PIF) had a mandate to go large, and was able...
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Unlock the Editor’s Digest without costRoula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter.Mexico is sitting on greater than half a billion litres...
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IT IS FITTING that Manmohan Singh, who unshackled Indian commerce and trade because the nation’s finance minister in 1991, was the son of an importer. His father’s agency...
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Unlock the Editor’s Digest free of chargeRoula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication.The author is a monetary journalist and writer of...
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