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FM launches foreign currency settlement system at GIFT City
The Business Guardian
|October 08, 2025
Union Finance Minister Nirmala Sitharaman announced the launch of the Foreign Currency Settlement System (FCSS) at Gujarat International Finance Tec-City (GIFT City) on Tuesday.
Union Finance Minister Nirmala Sitharaman
Speaking at the inaugural speech at Global Fintech Fest (GFF) 2025 in Mumbai, Sitharaman said it is a significant step in India’s journey toward becoming a global financial and fintech hub.
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