Live Breaking News & Updates on Zayed Al Nahyan In Abu Dhabi

Stay updated with breaking news from Zayed al nahyan in abu dhabi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

India, UAE sign pact to use local currencies INR, Dirham (AED) to settle bilateral trade in historic de-dollarisation move

In a significant development, RBI Governor Shaktikanta Das and Governor of the Central Bank of UAE H.E. Khaled Mohamed Balama have come to an agreement to establish a comprehensive framework for utilizing local currencies in bilateral transactions between India and the UAE. The Memorandum of Understanding (MoU) encompasses all current account transactions as well as permitted capital account transactions, paving the way for smoother financial exchanges between the two Asian nations., Economy News, Times Now ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Narendra Modi , Zayed Al Nahyan , Central Bank , Reserve Bank , Local Currency Settlement System , Unified Payments Interface , Payment Platform , France Now , Zayed Al Nahyan In Abu Dhabi , Structured Financial Messaging System , Prime Minister Narendra Modi , India Uae Trade , Ndia Uae Local Currency Trade , Nr Dirham Trade , De Dollarisation , India Uae News , Economy News , Imes Now ,