Explained | The India-UAE deal to trade with local currencies
The UAE President Sheikh Mohamed bin Zayed al-Nahyan with Prime Minister Narendra Modi during an official reception in Abu Dhabi, on July 15. | Photo Credit: AFP The story so far: During Prime Minister Narendra Modi’s recent visit to the UAE, the Reserve Bank of India (RBI) and its Abu Dhabi-headquartered counterpart the Central Bank … Read more