Saudi Arabia ends 80-year petrodollar deal with US for multi-currency sales
Saudi Arabia has opted not to renew its 80-year petrodollar agreement with the United States, which expired on Sunday, 9th June,...
archiveIndic
India and Indonesia ink pact to use local currencies in bilateral transactions
On Thursday, the Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) in...
India initiates first Rupee payment for oil to UAE; explores global currency adoption
India has made its first-ever payment in rupees for crude oil obtained from the UAE, marking a significant move in...
