💨 Abstract

The Reserve Bank of India and the Bank of Mauritius have agreed to a pact to encourage the use of the Indian Rupee and Mauritian Rupee in cross-border transactions. The MoU, signed by both central bank governors, aims to promote the use of these currencies in bilateral trade, optimize costs, and deepen financial integration between India and Mauritius.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖