Rupee, dirham and UPI: India, UAE push cross-border trade without friction
The Economic Times has reported a new India-focused economy development: “Rupee, dirham and UPI: India, UAE push cross-border trade without friction.” The publisher's feed describes the story as follows: 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,
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