{"id":64964,"date":"2023-07-19T13:40:10","date_gmt":"2023-07-19T08:10:10","guid":{"rendered":"http:\/\/finservwealth.com\/in-india-uae-currency-deal-a-bid-to-change-terms-of-global-trade\/"},"modified":"2023-07-19T13:40:10","modified_gmt":"2023-07-19T08:10:10","slug":"in-india-uae-currency-deal-a-bid-to-change-terms-of-global-trade","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/in-india-uae-currency-deal-a-bid-to-change-terms-of-global-trade\/","title":{"rendered":"In India-UAE currency deal, a bid to change terms of global trade"},"content":{"rendered":"<p> India and UAE using their own local currencies \u00e2\u20ac\u201c rupee and dirham \u00e2\u20ac\u201c to pay for imports and exports is a bold shift away from the dollar. Dirham\u00e2\u20ac\u2122s strength and Indian economy\u00e2\u20ac\u2122s size allows both currencies to proceed on equal terms. Such isolated shifts won\u00e2\u20ac\u2122t worry the US, but not so if the club of countries using their local currencies to trade were to grow<\/p><div id=\"finse-1388433009\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/rupee\/in-india-uae-currency-dealbid-to-change-termsglobal-trade_17120221.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0India and UAE using their own local currencies \u00e2\u20ac\u201c rupee and dirham \u00e2\u20ac\u201c to pay for imports and exports is a bold shift away from the dollar. Dirham\u00e2\u20ac\u2122s strength and Indian economy\u00e2\u20ac\u2122s size allows both currencies to proceed on equal terms. Such isolated shifts won\u00e2\u20ac\u2122t worry the US, but not so if the club of countries using their local currencies to trade were to grow India and UAE using their own local currencies \u00e2\u20ac\u201c rupee and dirham \u00e2\u20ac\u201c to pay for imports and exports is a bold shift away from the dollar. Dirham\u00e2\u20ac\u2122s strength and Indian economy\u00e2\u20ac\u2122s size allows both currencies to proceed on equal terms. Such isolated shifts won\u00e2\u20ac\u2122t worry the US, but not so if the club of countries using their local currencies to trade were to grow\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/rupee\/in-india-uae-currency-dealbid-to-change-termsglobal-trade_17120221.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> India and UAE using their own local currencies \u00e2\u20ac\u201c rupee and dirham \u00e2\u20ac\u201c to pay for imports and exports is a bold shift away from the dollar. Dirham\u00e2\u20ac\u2122s strength and Indian economy\u00e2\u20ac\u2122s size allows both currencies to proceed on equal terms. Such isolated shifts won\u00e2\u20ac\u2122t worry the US, but not so if the club of countries using their local currencies to trade were to grow<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/rupee\/in-india-uae-currency-dealbid-to-change-termsglobal-trade_17120221.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0India and UAE using their own local currencies \u00e2\u20ac\u201c rupee and dirham \u00e2\u20ac\u201c to pay for imports and exports is a bold shift away from the dollar. Dirham\u00e2\u20ac\u2122s strength and Indian economy\u00e2\u20ac\u2122s size allows both currencies to proceed on equal terms. Such isolated shifts won\u00e2\u20ac\u2122t worry the US, but not so if the club of countries using their local currencies to trade were to grow India and UAE using their own local currencies \u00e2\u20ac\u201c rupee and dirham \u00e2\u20ac\u201c to pay for imports and exports is a bold shift away from the dollar. Dirham\u00e2\u20ac\u2122s strength and Indian economy\u00e2\u20ac\u2122s size allows both currencies to proceed on equal terms. Such isolated shifts won\u00e2\u20ac\u2122t worry the US, but not so if the club of countries using their local currencies to trade were to grow\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/rupee\/in-india-uae-currency-dealbid-to-change-termsglobal-trade_17120221.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> India and UAE using their own local currencies \u00e2\u20ac\u201c rupee and dirham \u00e2\u20ac\u201c to pay for imports and exports is a bold shift away from the dollar. Dirham\u00e2\u20ac\u2122s strength and Indian economy\u00e2\u20ac\u2122s size allows both currencies to proceed on equal terms. Such isolated shifts won\u00e2\u20ac\u2122t worry the US, but not so if the club of countries using their local currencies to trade were to grow<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-64964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2023\/200x200\/r\/rupee_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/64964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=64964"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/64964\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=64964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=64964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=64964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}