⚡RBI and Bank of Mauritius Join Hands To Trade in Local Currencies

Central banks of India and Mauritius have signed an MoU to enable the use of local currencies for trade. The agreement was to establish a framework to promote trade in the local currencies of both countries. The MoU documents were exchanged in the presence of Prime Minister Narendra Modi and Mauritius counterpart Navinchandra Ramgoolam on March 12, 2025