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Tag: BOM

Business / Companies

RBI and Bank of Mauritius Formalize Trade in Local Currencies with MoU

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

The RBI and BOM have signed a MoU to use INR and MUR for trade, reducing costs and fostering economic ties. Signed on March 12, 2025, the agreement allows for …

RBI and Bank of Mauritius Formalize Trade in Local Currencies with MoU Read More
Companies

RBI and Bank of Mauritius Sign MoU to Enhance Bilateral Trade with Local Currencies

March 19, 2025March 19, 2025 - by Sofia Nawab - Leave a Comment

The RBI and BOM have signed an MoU to utilize local currencies for transactions, enabling exporters and importers to settle payments in INR and MUR. This agreement aims to reduce …

RBI and Bank of Mauritius Sign MoU to Enhance Bilateral Trade with Local Currencies Read More
Business / Companies / economics

RBI and Bank of Mauritius Sign MoU to Facilitate Use of Local Currencies in Trade

March 18, 2025March 18, 2025 - by Sofia Nawab - Leave a Comment

The RBI and BOM signed a pact to promote the use of Indian and Mauritian Rupees in trade, facilitating easier transactions and fostering bilateral cooperation. Primarily covering current and capital …

RBI and Bank of Mauritius Sign MoU to Facilitate Use of Local Currencies in Trade Read More
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