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India inks deal with UAE to settle trade in rupees

India inks deal with UAE to settle trade in rupees
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In presence of UAE President and Indian PM, CBUAE and RBI sign two MoUs to strengthen use of national currencies for bilateral trade, link payment and financial messaging systems

In presence of UAE President and Indian PM, CBUAE and RBI sign two MoUs to strengthen use of national currencies for bilateral trade, link payment and financial messaging systems
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CBUAE and RBI sign two MoUs to strengthen use of national currencies for bilateral trade, link payment and financial messaging systems

ABU DHABI, 15th July, 2023 (WAM) The Central Bank of the UAE (CBUAE) and the Reserve Bank of Indi ....

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India, UAE sign MoUs to promote use of local currencies for cross-border transactions

The Reserve Bank of India (RBI) and the Central Bank of UAE (CBUAE) signed two MoUs ....

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PM Modi visits Abu Dhabi; India, UAE sign pact to trade in ₹, dirham

India and the UAE have signed pacts on trade settlement in national currencies and setting up a real-time link for cross-border transactions.
The signing ceremony was held. ....

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