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,...
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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...
