Monday, 28 September 2026Updated 9m ago
← Top stories
● Neutral for Indian equities

Rupee-dirham trade gains ground as India and UAE target $200 billion

1 source · first seen 16:29 28 Sept · updated 16:29 28 Sept

The brief

Written from 1 report · check the source before you trade
  • India-UAE local-currency trade has reached double digits
  • Bilateral trade exceeded $100 billion since CEPA; the UAE invested $25 billion in India
  • More local-currency settlement may affect Indian banks and exporters active in UAE trade

Tags on this story

Pick a tag to see all its stories
Rupee15 todayTrade data15 todayTrade deals17 todayTrade and tariffs50 today

Linked by the tag Rupee

49 stories this week
  1. 28 SeptIndia forex reserves surge to a record high in September and to provide cover for 11.2 months of goods imports, says RBIData · 1 source · Forex reserves hit a record high in September, covering 11.2 months of goods imports
  2. 28 SeptIndia's forex reserves fall $14.89 billion to $766 billionData · 1 source · Forex reserves fell $14.89 billion to $766 billion in the week ended September 18
  3. 28 SeptRupee and government bonds face pressure as oil rises and Iran diplomacy hopes fadeMarket move · 3 sources · The rupee and government bonds are vulnerable as oil prices climb
  4. 26 SeptFII Flows To Stay Subdued: Bernstein sees flat to modest inflows; rupee and valuations weighBroker call · 1 source · Bernstein expects foreign institutional investor flows into Indian stocks to stay stable over the next year
  5. 25 SeptRBI says resilient domestic economy cushions India against rising global risksData · 4 sources · The RBI cited record forex reserves and a five-year high in net FDI
All Rupee stories →

Read the reports

1 report · earliest 16:29
CNBC-TV18Rupee-dirham trade gains ground as India and UAE target $200 billion16:29