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Top News In Rupee Trade Today - Breaking & Trending Today

India, Ghana agree to operationalise UPI in 6 months

UPI payments can already be made in countries such as France, UAE, Sri Lanka and Mauritius ....

United Arab Emirates , Greater Accra , Sri Lanka , New Delhi , Piyush Goyal , Joint Trade Committee , Unified Payment Interface , Ghana Interbank Payment , Settlement Systems , Local Currency Settlement System , African Continental Free Trade Agreement , Reserve Bank , Rupee Trade ,

Mint Explainer: Why India's push for global trade payments in rupees has had limited success

The government has encouraged large oil exporters to accept the rupee to settle trades, while the RBI has allowed banks in 18 countries to open special accounts to settle transactions in rupees. But progress on turning the rupee into a hard currency has been slow so far. ....

United Kingdom , Global Trade Research Initiative , Services Tax , International Monetary Fund , Pradhan Mantri Jan Dhan Yojana , Trade In Rupees , Rupee Trade , Global Trade Settlements , Indian Rupee , Hard Currency , Oil Exporters , Foreign Banks , Rupee Settlement , Special Vostro Rupee Accounts , Us Dollar , British Pound , Chinese Yuan , Special Drawing Rights , Bilateral Trade In Rupees , Goods And Services Tax ,

Exporters unable to leverage rupee depreciation to boost export order value: Industry

There is a shortage of foreign exchange with India’s major export destinations, including Latin America and Africa. ....

United Arab Emirates , United States , Sri Lanka , United Kingdom , Arun Kumar Garodia , Anas Mullaveetil , Munshid Ali , Engineering Exports Promotion Council Of India , Latin America , Kumar Garodia , Engineering Exports Promotion Council , Allied Products Merchant Exporters , Reserve Bank , Middle East , Kerala Exporter , Rupee Fall , Rupee Trade , Upee Volatile ,

India using rupees to pay for gold imports from UAE: Govt source

The rupee settlement of trade between India and the UAE assumes significance, given that the two countries signed an MoU in July 2023 to set up a framework to use their respective local currencies to settle bilateral transactions. ....

United Arab Emirates , Economic Partnership Agreement , Special Rupee Vostro , Reserve Bank , Local Currency Settlement System , Director General , Foreign Trade Santosh Sarangi , Advance Authorisation Scheme , Comprehensive Economic Partnership Agreement , Rupee Trade , Fin Min , Crude Oil ,

First rupee payment for oil to UAE: India looks for more deals, no targets: Officials, ET Auto

Oil Imports: With the nation more than 85% dependent on imports for meeting its oil needs, India has been pursuing a three-pronged strategy of buying from the cheapest available source, diversifying sources of supply and not breaching any international obligation like the price cap in case of Russian oil. ....

Saudi Arabia , Indian Oil Corporation , India Oil Corporation , Abu Dhabi National Oil Company , Reserve Bank , Oil Imports , Irst Rupee Payment For Oil , Crude Oil , Rupee Payment , Reserve Bank Of India , Indian Oil , Rupee Trade , Indian Oil Corporation , Uae Oil ,