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Bank of Cyprus
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- 1Bank of Cyprus opens direct rupee payment channel●🇨🇾 Bank of Cyprus opens direct rupee payments, deepening EU–India financial links Bank of Cyprus now allows businesses a
Bank of Cyprus has begun allowing businesses and individuals to transact directly in Indian rupees, removing the need for intermediary currencies in cross-border payments between Cyprus and India. The move strengthens financial links between the EU and India and supports wider efforts to internationalise the rupee in global trade settlement.