India, UAE Ditch Dollar

2023 • 5min • News • Business


Published On: July 17, 2023 - During PM Modi's visit, India and the UAE have inked an agreement to facilitate trade using their respective local currencies. The focus now shifts to Indonesia, where a similar move is anticipated. In the meantime, Sri Lanka has expressed its willingness to consider accepting the Indian Rupee (INR) as an official currency for transactions within its borders.