PREVIOUS
✖
Trade in Indian rupee
July 16 , 2023
491 days
589
0
- Bangladesh and India launched a much-anticipated trade transaction in rupees.
- This move is aimed at reducing dependence on the US dollar and strengthening regional currency and trade.
- This is the first time Bangladesh has done bilateral trade with a foreign country in addition to the US dollar.
- The exports from Bangladesh to India amounts to USD 2 billion.
- Bangladesh's imports from Dhaka to India are worth USD 13.69 billion.
- Earlier India and Malaysia have agreed to settle trade in the Indian rupees.
- India-Malaysia bilateral trade touched $19.4 billion during 2021-22.
Leave a Reply
Your Comment is awaiting moderation.