Search For "local currencies"
Corset Wholesale Ltd Launches Regional Factory Outlet Websites Amid Global
Updated : 4 months, 1 week ago IST
Gurgaon (Haryana) [India], January 19: Corset Wholesale Ltd, a leading global corset manufacturer and B2B fashion platform, today announced the launch of multiple region-specific Factory Outlet websites in response to shifting global tariffs, currency volatility, and increased trade complexi
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India-UAE to enable bilateral trade in local currencies
Updated : 8 months ago IST
"Ongoing strategic initiatives between the Central Banks of India and the UAE to enable bilateral trade in local currencies, the integration of payment systems in the two countries and cooperation on Central Bank Digital Currencies were also discussed, with both sides commending the stron
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India, Mauritius move closer to implementing trade in local currencies as
Updated : 8 months ago IST
India and Mauritius have reached an understanding on conducting trade in local currencies, with discussions now taking place between the central banks of both countries, said MEA foreign secretary Vikram Misri during a special briefing on Thursday.
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All-party delegation: India pushes South-South trade, reiterates counter-t
Updated : 1 year ago IST
AAP MP Vikramjit Singh Sahney highlighted India's focus on "South-South cooperation" and advocated for BRICS trade in local currencies, along with expanded investment through the New Development Bank to support Africa's agri-value chains and food security
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India, Mauritius join hands to trade in local currencies
Updated : 1 year, 2 months ago IST
The two leaders had agreed to facilitate trade settlements in local currencies--Indian Rupee and Mauritian Rupee--which would help derisk bilateral trade.
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PM Modi, Mauritius counterpart Ramgoolam agree to facilitate trade settlem
Updated : 1 year, 2 months ago IST
The two leaders also agreed to hold the second session of the High Power Joint Trade Committee under the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) to further strengthen trade, economic cooperation and partnership between the two nations.
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RBI inks treaty for cross border transactions with Maldives to promote use
Updated : 1 year, 6 months ago IST
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU) in Mumbai to establish a framework to promote the use of their respective local currencies, the Indian Rupee (INR) and the Maldivian Rufiyaa (MVR).
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Process of expansion is based on consensus: MEA on Algeria's BRICS members
Updated : 1 year, 7 months ago IST
India is also exploring avenues for trade in local currencies, promoting UPI to enhance cooperation with African nations.
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India, Myanmar completes first transaction exceeding Rs 1 crore through Pu
Updated : 1 year, 11 months ago IST
The initiative aims to streamline trade transactions between India and Myanmar, enhancing efficiency by eliminating complexities associated with exchange rates through direct payment in local currencies.
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BRICS calls for enhanced use of local currencies in trade between member c
Updated : 1 year, 11 months ago IST
The BRICS ministers of Foreign Affairs met in Russia's Nizhny Novgorod on Monday and held a plethora of discussions, including an important one on the enhanced use of local currencies in trade and financial transactions between the BRICS countries.
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India, Indonesia central banks sign agreement to promote use of local curr
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) on Thursday for establishing a framework to promote the use of local currencies -- the Indian Rupee (INR) and the Indonesian Rupiah (IDR) for cross-border transactions.
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Pak: Foreign currency worth PKR10mn confiscated from Sukkur-Karachi bus
Updated : 2 years, 5 months ago IST
The FIA Sukkur Deputy Director, Hafeez Chachar, disclosed that during a raid on the bus, significant amounts of foreign and local currencies were recovered, including 147,000 Saudi riyals (SAR), 20,000 US dollars (USD), and PKR 70 million.
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