Topic
fx
Trade Finance Currency & FX #us dollar#currency
US Dollar's Dominance in Global Trade Examined in BBC Podcast on Currency Power
The BBC podcast 'Rethink' investigates the US dollar's central role in global trade, from Bretton Woods to the Nixon shock, and discusses challenges from China and digital currencies. Trade finance professionals should note implications for sanctions and FX risk.
Jun 25, 2026 1 source
Currency & FX #india#sri lanka
India and Sri Lanka Strengthen Trade Ties with Local Currency Settlement Initiative
India and Sri Lanka are deepening bilateral trade finance ties through local currency settlement (INR-LKR), reducing dollar dependency and transaction costs. The initiative, discussed at a round-table in Colombo, allows Sri Lankan banks and importers to access Indian rupee loans directly, preserving hard currency reserves.
Jun 16, 2026 1 source