Search For "local currency settlement"
India-Ghana agree to strengthen trade ties at 4th joint trade committee me
Updated : 2 years ago IST
India and Ghana explored the possibility of signing Memorandums of Understanding (MoUs) on Digital Transformation Solutions and the local currency settlement system.
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India, Nigeria to finalise Local Currency Settlement System Agreement soon
Updated : 2 years ago IST
India and Nigeria have agreed to an early conclusion of the Local Currency Settlement System Agreement to strengthen bilateral economic ties
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India, Nigeria agree for early conclusion of local currency settlement sys
Updated : 2 years ago IST
The two sides agreed for an early conclusion of the Local Currency Settlement System Agreement to further strengthen bilateral economic ties.
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First ever crude oil transaction in local currency undertaken between Indi
Updated : 2 years, 9 months ago IST
This is India’s first-ever LCS and is expected to reduce transaction costs and time and increase reliance on local currencies. This will further add to the preferential terms accruing from CEPA. Traders can choose the payment currency based on mutual agreement.
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