UAE, Seychelles central banks ink MoU to facilitate cross-border transactions ...Saudi Arabia

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UAE, Seychelles central banks ink MoU to facilitate cross-border transactions
DUBAI: The central banks of the UAE and Seychelles signed two memoranda of understanding on Friday to promote the use of local currencies in cross-border financial and commercial transactions, as well as to link payment and messaging systems between the two countries, the Emirates News Agency reported. The agreements were inked by CBUAE Gov. Khaled Mohammed Balama and CBS Gov. Caroline Abel in Abu Dhabi.

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