BIG BREAKING🚨 USD ❌

India and UAE have embarked on a groundbreaking move by opting to settle their crude oil transactions using their respective national currencies ditching US dollar.

The first such transaction involving Indian Rs & UAE Dirham will take place today on Monday (Aug 14).

The Indian rupee and the UAE dirham will be utilised in this landmark transaction, which will be seen as a significant shift in international trade dynamics.

This comes as a result of the MoU signed during PM Narendra Modi's visit to the UAE on July 15