#dirham

dirham

India’s RBI asks banks to push direct rupee-dirham settlement: Reports

The RBI has not instructed banks to shift all dirham payments to this channel but instead is taking steps to encourage the development of an rupee-dirham market

Ethiopia

UAE, Ethiopia sign currency swap agreement

Under the deal, the CBUAE and NBE will also collaborate on payment platform services and electronic switches

Indonesia, UAE sign agreement to use of local currencies for trade

Indonesia, UAE sign agreement to use local currencies for trade

Dirham-rupiah trade is expected to reduce transactional costs for businesses while strengthening financial cooperation

rupee

India’s rupee hits fresh new low against UAE dirham

India’s currency has weakened slightly against the UAE dirham in early trade, mainly off the back of dollar strength

UAE's One Dirham banknote issued in 1973. Image Credit: Central Bank of the UAE

UAE’s dirham marks 50 years of circulation

The Emirati dirham was issued as the UAE’s official currency replacing a mix of international currencies which had been in circulation in the emirates

Treasury bond

UAE lists first dirham-denominated treasury bond on Nasdaq Dubai

The inaugural issuance was 6.3 times oversubscribed

UAE issues special coins, bank note to commemorate Year of Zayed

A total of 5,000 silver commemorative coins weighing 60 grams will be issued

Indian rupee at an all-time low against the dirham and dollar

A dirham yielded more than 20 rupees earlier this morning

UAE Dirham Will Remain Pegged To US Dollar – Central Bank

The regulator denied reports that the country was studying the feasibility of continuing the peg between the dirham and the US dollar.