India Eyes Real-Time Euro Settlements at GIFT City to Bolster EU Trade Ties

India is weighing the introduction of real-time foreign-exchange settlements in euros at its flagship international financial hub in Gujarat, a move aimed at deepening financial integration with the European Union as trade negotiations gain momentum. The International Financial Services Centres Authority, which oversees the Gujarat International Finance Tec-City, has proposed allowing euro settlements alongside the […] The post India Eyes Real-Time Euro Settlements at GIFT City to Bolster EU Trade Ties appeared first on the deep dive.