The Mauritian minister emphasized the growing importance of local currency trade, particularly between India and Mauritius, in the current geopolitical context. An agreement between the central banks of the two countries aims to facilitate this type of exchange, thereby reducing dependence on strong currencies. Mauritius, a member of several African organizations, seeks to strengthen its trade ties with India and the continent, particularly in the energy sector.
Local Currency Trade within the BRICS: A Strategic Turning Point
This article was updated at 01:55.