MUMBAI, Oct 7 (Reuters) - India on Tuesday launched a foreign currency settlement system via the country's tax-neutral zone GIFT City.

This will help speed up foreign currency transactions, federal Finance Minister Nirmala Sitharaman said at the Global Fintech Festival in Mumbai.

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https://www.reuters.com/world/india/india-launches-foreign-currency-settlement-system-via-gift-city-2025-10-07/