The changes in the Negotiable Instruments Act will have implications for over 1.8 million cheque bounce cases pending in various courts, Jayant Sinha told the house. (PTI) India needs to take many ...

The process of capital account convertibility is likely to receive a further push this year, as the government and Reserve Bank of India move towards allowing greater foreign participation in ...

The HKMA commits itself, through “one-way convertibility”, only to buy - but not to sell - Hong Kong dollars at HK$7.8 per US dollar to fend off speculative selling of the Hong Kong dollar. The EFAC’s ...

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In a significant move the center has decided to come up with a greater Capital Account Convertibility (CAC) of the Indian currency in a few days. The central bank has also appointed a six-person ...

Find Capital Account Convertibility Latest News, Videos & Pictures on Capital Account Convertibility and see latest updates, news, information from NDTV.COM. Explore more on Capital Account ...

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If Nepal decides on currency convertibility, it will have potentially damaging consequences for the economy. The second way is to offer relaxation with adjustment for the new exchange rate ...

China will take a series of reforms to further increase the capital account convertibility of renminbi, and make yuan, a more freely usable currency, governor of the People's Bank of China (PBOC) Zhou ...

Reforms do not necessarily mean free-floating yuan, says PBOC chief Central bank chief Zhou Xiaochuan said on Monday that the country's goal to achieve the yuan's capital account convertibility ...

To put is simply, capital account convertibility (CAC) -- or a floating exchange rate -- means the freedom to convert local financial assets into foreign financial assets and vice versa at market ...

In a significant move the center has decided to come up with a greater Capital Account Convertibility (CAC) of the Indian currency. The central bank has also appointed a six-person committee to ...