Question

What was the purpose of the Local Currency Settlement

Q: What was the purpose of the Local Currency Settlement System (LCSS) introduced between India and UAE

TheLocalCurrencySettlementSystemLCSSbetweenIndiaandUAEaimstorevolutionizeeconomicrelationsbyreducingdependencyonintermediarycurrenciesliketheUSDollarandsimplifyingcrossbordertransactions

System (LCSS) introduced between India and UAE?

A Promote tourism

B Facilitate easier cross border trade

C Facilitate easier cross border trade

D Facilitate easier cross border trade

E Support education initiatives

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What was the purpose of the Local Currency Settlement

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