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Strengthening Financial Ties: MoUs For Enhanced Utilization Of Local Currencies In Cross-Border Transactions

Published: July 17, 2023

(CTN NEWS) - The Reserve Bank of India and the Central Bank of UAE (CBUAE) have recently entered into two Memoranda of Understanding (MoUs) on July 15th.

Source: chiangraitimes.com

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Central BankReserve BankCross Border TransactionsLocal Currency UtilizationPayment SystemUnified Payments InterfaceInstant Payment PlatformPayment IntegrationEnhancing Efficiency