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As part of the Central Bank Digital Currency pilot project, Canara Bank has released the Unified Payments Interface compatible digital rupee mobile app. Without the need for a separate on-boarding procedure for CBDC for retailers, it will enable users to scan the existing UPI QR code and make payments using digital rupee.
The Gulf rupee (Arabic: روبية خليجية) was the official currency used in the British protectorates of the Arabian Peninsula that are around the Persian Gulf between 1959 and 1966 (1970 Oman). These areas today form the countries of Kuwait, Bahrain, Qatar, Oman, and the United Arab Emirates. It was issued by the Government of India and ...
The banknotes of Qatar (in English and German) Preceded by: Saudi riyal Reason: delivery of local currencyRatio: 1.065 Qatari and Dubai riyal = 1 Saudi riyal, or 1 Qatari and Dubai riyal = 1 pre-devalued Gulf rupee. Currency of Qatar 1966 – 1973. Succeeded by: Qatari riyalReason: withdrawal of Dubai from common currencyRatio: at par.
The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic stability. [14]
All the Trucial States except Abu Dhabi adopted the Qatar and Dubai riyal, which was equal to the Gulf rupee prior to the devaluation. These emirates briefly adopted the Saudi riyal during the transition from the Gulf rupee to the Qatar and Dubai riyal. Abu Dhabi used the Bahraini dinar, at a rate of 10 Gulf rupees = 1 dinar.
^ a b c d e f g "Somalia Mobile Operators & Fixed Network Operators list (Africa mobile and fixed network operators)". africantelecomsnews.com. Archived from the original on 7 April 2019.
e& is a UAE state-owned telecommunications company. It is the 16th largest mobile network operator in the world by number of subscribers.. On 31 December 2021, Etisalat reported consolidated revenue of AED 53.3 billion and net profits of AED 11.1 billion. [2]
It was introduced as a replacement for the Indian rupee for circulation exclusively outside the country, which included apart from the states making up the UAE, the nations of Kuwait, Qatar, Oman and Bahrain. [8] On 6 June 1966, India devalued the Gulf rupee against the Indian rupee.