GIFT City Exchange Set to Host First Foreign-Currency Listing This Quarter

Monday, Jul 7, 2025 11:36 pm ET1min read

India's NSE International Exchange is set to attract its first foreign-currency listing in Q1, targeting unlisted companies for the debut. The exchange in GIFT City, a financial hub in Gujarat, aims to offer a new fundraising avenue for firms. The listing will demonstrate the growing sophistication of India's capital markets and offer companies an alternative to domestic exchanges. Indian companies have previously accessed overseas markets primarily through instruments such as American depository receipts.

GIFT City Exchange Set to Host First Foreign-Currency Listing This Quarter

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