Cross-Border Transactions

India and UAE Ink Historic Trade Agreements: A New Era of Rupee-Denominated Transactions

In a landmark move, India and the United Arab Emirates (UAE) have signed agreements to settle trade in their national currencies, marking a significant shift in their economic relationship. This development, which took place during Indian Prime Minister Narendra Modi's visit to Abu Dhabi, is set to bolster cooperation in areas such as trade, energy, and climate action. Prime Minister Modi's meeting...

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