India News: Describing the MoUs signed with UAE on Saturday as an important aspect of cooperation between the two nations, PM Narendra Modi said, “It paves the wa.
Reserve Bank of India (RBI) and Central Bank of UAE (CBUAE) yesterday signed two agreements in Abu Dhabi to establish a framework for cross-border transactions in local currencies and interlinking of payment and messaging systems.
India and the United Arab Emirates (UAE) on Saturday inked two separate agreements to settle cross-border transactions in their local currencies, and interlink payments and messaging systems, further expanding their strategic partnership.