November 22, 2024 8:42 AM
India, Maldives sign MoU to establish framework for promoting 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 ...