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  • /Rupee inches to replace Dollar in global trade; 18 countries agree on rupee-trade mechanism

Rupee inches to replace Dollar in global trade; 18 countries agree on rupee-trade mechanism

One of the agendas of India's G20 Presidency is mutual cooperation in cross-border payments and innovation in payment technology. The RBI has now signed the MoU, with UAE's exploration of cross-linking of two countries' CBDC's.