November 22, 2024 11:10 AM
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RBI and Maldives Monetary Authority Sign MoU to promote use of local currencies in cross-border transactions
Reserve Bank of India and the Maldives Monetary Authority (MMA) have signed a Memorandum of Understanding (MoU) to establish a framework for promoting the use of local currencies Indian Rupee and Maldivian Rufiyaa in cross-border transactions. The MoU was signed by RBI Governor Shaktikanta Das and M...