RBI, CBUAE sign pacts to promote use of rupee, UAE dirham for cross-border transactions yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
India and the UAE on Saturday agreed to start trade settlement in their currencies and link the Indian Unified Payments Interface with the Gulf country s Instant Payment Platform (IPP) as Prime Minister Narendra Modi held comprehensive talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan here.
RBI & Central Bank UAE Sign Pacts To promote Use Of Rupee, UAE Dirham For Cross-Border Transactions freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
The RBI s Memorandum of Understanding (MoUs) with the UAE came just days after the expansion of the Unified Payments Interface (UPI) to France, allowing Indian tourists to make payments in rupees at the Eiffel Tower.