Trading – General Trading Company In Dubai https://nsgtrade.com Fri, 21 Jul 2023 14:26:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://nsgtrade.com/wp-content/uploads/2023/07/cropped-fav-32x32.jpg Trading – General Trading Company In Dubai https://nsgtrade.com 32 32 shopengine_activated_templates a:0:{} India and UAE sign agreements to settle trade in rupees https://nsgtrade.com/2023/07/21/india-and-uae-sign-agreements-to-settle-trade-in-rupees/ https://nsgtrade.com/2023/07/21/india-and-uae-sign-agreements-to-settle-trade-in-rupees/#respond Fri, 21 Jul 2023 14:22:35 +0000 https://project.digitalvega.in/nsgtrade/?p=3453 Going beyond the USD dollar, India, UAE sign a rupee-dirham trade pact between the two countries to strengthen economic ties.

The recent visit of Prime Minister Modi in UAE in 2023 has aimed to achieve a milestone in the trade market with UAE.

The Reserve Bank of India (RBI) and the Central Bank of UAE on Saturday decided to move further on strengthening the economic engagement between the two countries by agreeing to allow exporters and importers from either side to invoice and pay in their respective domestic currencies — rupee and dirham — while working on a messaging system that could be an alternative to SWIFT

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