A notification from the RBI has announced that India now allows international trade settlement in Rupee with Russia, Sri Lanka, and other nations.
The Reserve Bank of India (RBI) has permitted rupee-based trade settlements between India and other nations, such as Russia and Sri Lanka.
“In order to promote the growth of global trade with emphasis on exports from India and to support the increasing interest of the global trading community in INR, it has been decided to put in ...
