India Signs Rs 3\,500-Crore Currency Swap Pact With UAE

India Signs Rs 3,500-Crore Currency Swap Pact With UAE

Officials of the two central banks agreed the deal, which involves the Indian rupee and the UAE dirham, said a statement by the Indian embassy.

Economy | | Updated: December 04, 2018 20:35 IST
India Signs Rs 3,500-Crore Currency Swap Pact With UAE

Bilateral trade between the two countries stood at around $52 billion in 2017.