Africa's bloc to promote use of local currency to boost trade

Jun 14, 2022

Nairobi [Africa], June 14 (ANI/Xinhua): The African Continental Free Trade Area (AfCFTA) on Tuesday said it will promote the use of local currencies in...

India exploring trade in local currencies with Tanzania

Oct 09, 2023

India is exploring trade in local currencies with Tanzania, said Dammu Ravi, Secretary (Economic Relations) in the Ministry of External Affairs said on Monday,...

India, Mauritius join hands to trade in local currencies

Mar 18, 2025

The two leaders had agreed to facilitate trade settlements in local currencies--Indian Rupee and Mauritian Rupee--which would help derisk bilateral trade.

Process of expansion is based on consensus: MEA on Algeria's BRICS membership

Oct 09, 2024

India is also exploring avenues for trade in local currencies, promoting UPI to enhance cooperation with African nations.

India, Tanzania working on agreement to expand bilateral trade using local currencies

Oct 09, 2023

Prime Minister Narendra Modi and Tanzanian President Samia Suluhu Hassan expressed desire to expand bilateral trade using local currencies.

BRICS calls for enhanced use of local currencies in trade between member countries

Jun 11, 2024

The BRICS ministers of Foreign Affairs met in Russia's Nizhny Novgorod on Monday and held a plethora of discussions, including an important one on...