Indian rupee drops against UAE dirham as oil prices firm up
The Indian rupee declined by 10 paise to 82.26 against the US dollar (22.41 versus the UAE dirham) in opening trade on Wednesday due to firm crude oil prices and a stronger greenback. Early gains in Indian stock markets also restricted the rupee’s losses against the dollar. At the Indian interbank foreign exchange market, the […]
Fawry, BOTIM cooperate to enable international money transfers for Egyptian expats in UAE
The leading Egypt-based e-payment company Fawry has signed a memorandum of understanding (MoU) with the Emirati calling app BOTIM to offer residents in the UAE and Gulf Cooperation Council (GCC) countries money transfer and invoice payment services via BOTIM app, according to an emailed press release on February 27th. As per the MoU, users in […]