Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 157)
157.
Which institution signed a Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI) to promote cross-border transactions using local currencies?
Answer: Option
Explanation:
Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI) to promote the utilization of local currencies, namely the Indian Rupee (INR) and Indonesian Rupiah (IDR), for cross-border transactions.
Discussion:
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