Rupee, dirham and UPI: India, UAE push cross-border trade without friction
India and the UAE are working towards enhancing bilateral trade by adopting local currency transactions and payment system integration. The two countries aim to reduce transaction costs, improve payment access, and settle international trade using Indian rupees and UAE dirhams. Various sectors, including energy and technology, will see increased investment opportunities as a result of these…
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
