India pushes rupee trade settlements to help forex-starved nations
Finance Minister Nirmala Sitharaman said India wants to expand rupee-based trade settlements to help countries facing hard-currency shortages. She also...
archiveIndia Rupee Trade
India removes hurdle to rupee trade in bid to expand local currency use
India eases export rules to make rupee payments easier for overseas trade, but wider adoption will depend on foreign buyers...
The revised rules allow eligible rupee export payments to qualify for foreign trade policy benefits, but GTRI says easier access to rupees and simpler banking processes will be key to wider adoption.
India has eased rules governing rupee-based trade, allowing exporters greater flexibility to invoice overseas sales and receive payments in Indian...
