By Siddhi Nayak, Jaspreet Kalra and Shivangi Acharya MUMBAI/NEW DELHI (Reuters) – India’s central bank is nudging local banks to ask their clients to settle trade between the United Arab …
Tag:
dirham
-
-
Business News
Rupee-UAE dirham trade mechanism may launch during Modi visit Saturday -sources
by Reutersby ReutersBy Nidhi Verma, Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India and the United Arab Emirates may announce the start of a rupee-dirham payment mechanism to settle bilateral …
-
Business News
Russia’s Rosbank halts dollar, euro, dirham operations after U.S. sanctions
by Reutersby ReutersMOSCOW (Reuters) – Russian commercial lender Rosbank has halted operations in U.S. dollars, euros and dirhams, warning that some transactions could be blocked, after Washington imposed sanctions on Thursday on …