RBI, Bank of Mauritius sign MoU to promote use of local currencies for bilateral transactions
Mumbai, Mar 18 (UNI) The Reserve Bank of India (RBI) and the Bank of Mauritius (BoM) have signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies, viz., the Indian Rupee (INR) and the Mauritian Rupee (MUR) for cross-border transactions. The MoU was signed by the Governor, Reserve…
