INDIA'S OWN CURRENCY POWER

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-8619641663381907"

     crossorigin="anonymous"></script>

 INDIA LAUNCHES REAL-TIME FOREIGN CURRENCY SYSTEM:-

Finance Minister Nirmala Sitharaman unveiled India's Foreign Currency Settlement System (FCSS) at Gujarat International Finance Tec-City (GIFT City) on Tuesday, positioning the nation among an elite group of global financial hubs capable of real-time foreign currency transactions.�����Speaking at the inaugural session of the Global Fintech Fest 2025 in Mumbai, Sitharaman announced that the new system will eliminate the current 36-48 hour settlement delays that have long plagued cross-border transactions, enabling near-instantaneous processing within the International Financial Services Centre. "The FCSS will facilitate seamless and efficient settlement of foreign currency transactions within IFSC on a real-time basis, enhancing liquidity management and operational resilience," she stated.���The launch elevates GIFT IFSC to join an exclusive group of global financial centers, including Hong Kong, Tokyo, and Manila, that possess the infrastructure to settle foreign currency transactions locally. Standard Chartered's India unit has been selected to handle US dollar clearance operations under the new system.�����

Please 🙏 read all the news carefully and give me your opinion in comment section.

Thank you.             जय हिंद जय भारत 🇮🇳🇮🇳🇮🇳🇮🇳💖🙏🙏🙏