Search result for 'local currency settlement'

India and South Africa discussed using local currencies for trade '' unified payment systems, aiming to enhance economic ties. The proposed India-SACU preferential trade agreement...

The Reserve Bank of India (RBI) has permitted 123 correspondent banks from 30 countries to open 156 Special Rupee Vostro Accounts (SRVAs) with 26 Indian banks to promote bilateral trade in local...

BRICS nations agree to strengthen trade and financial settlement in local currencies, study feasibility of an independent cross-border settlement and depositary infrastructure, and a BRICS...

India to open Invest India office in Dubai to attract UAE investments, announced by Piyush Goyal. The move aims to strengthen economic ties and boost trade between the two nations.

Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan will visit India on Sep 9-10, holding talks with PM Modi on trade, investment, and the Israel-Hamas conflict.

India and Ghana are working to connect their payment systems, UPI and GHIPSS, enabling instant, low-cost transfers. The collaboration aims to facilitate trade and digital transformation.

India and Nigeria aim to boost economic ties through increased cooperation in energy, UPI, local currency settlements, and other key sectors. Learn about the recent developments and potential...