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Landmark Moment! India Makes Historic Leap With First Rupee Payment For UAE Oil

India has made history by conducting its first-ever payment in rupees for crude oil purchased from the UAE, signaling a strategic move to promote the global use of its local currency. According to the PTI report, as the world's third-largest energy consumer, India aims to pursue similar deals with other suppliers, emphasizing the internationalization of the rupee. , Industry News, Times Now
Abu Dhabi National Oil Company Oil Image Source Indian Oil Corporation Rupee Payment For Image Source Reserve Bank

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