DIRECT trade without using dollars or other INTERNATIONAL currencies. The agreement was signed after the 12TH India-UAE joint commission meeting co-chaired by External Affairs MINISTER Sushma Swaraj and the UAE's Foreign Minister SHEIKH Abdulla bin Zayed al Nahyan in Abu Dhabi. In 2015, China's central bank extended a currency swap agreement with the UAE Central bank worth $5.54 billion.

"> DIRECT trade without using dollars or other INTERNATIONAL currencies. The agreement was signed after the 12TH India-UAE joint commission meeting co-chaired by External Affairs MINISTER Sushma Swaraj and the UAE's Foreign Minister SHEIKH Abdulla bin Zayed al Nahyan in Abu Dhabi. In 2015, China's central bank extended a currency swap agreement with the UAE Central bank worth $5.54 billion.

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Recently, India and this country signed 3,500 crore currency swap agreement.

Current Affairs International in Current Affairs . 5 months ago

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India and UAE signed 3,500 crore currency swap agreement. This agreement will boost investment and enable DIRECT trade without using dollars or other INTERNATIONAL currencies. The agreement was signed after the 12TH India-UAE joint commission meeting co-chaired by External Affairs MINISTER Sushma Swaraj and the UAE's Foreign Minister SHEIKH Abdulla bin Zayed al Nahyan in Abu Dhabi. In 2015, China's central bank extended a currency swap agreement with the UAE Central bank worth $5.54 billion.

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Posted on 24 Jul 2024, this text provides information on Current Affairs related to International in Current Affairs. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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