RBI's rupee trade settlement a step towards internationalisation of rupee: Experts

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  • Jul 20, 2022
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RBI's rupee trade settlement a step towards internationalisation of rupee: Experts

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peaking at an event organised by IMC Chamber of Commerce and Industry, RBI's former Executive Director G Padmanabhan said, 'for internationalisation, one of the things to happen is that increasingly the currency gets used for trade transactions. This (RBI's rupee invoicing move) is definitely a step forward as far as internationalisation is concerned".

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