RBI’s decision to settle trade transactions in rupees in a timely manner: Exporters

The exporters said the move was a step towards accepting the rupee as an international currency.

Topics
RBI | exporters | Rupee


Shreya Nandi |
New Delhi



Exporters cheered when the Reserve Bank of India (RBI) agreed on Monday to their request to set up a mechanism to settle international trade transactions in rupees, a move they say would enable trade, especially with stricken countries. by penalties.


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First published: Tuesday, July 12, 2022. 12:21 a.m. IST

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