The Reserve Bank of India’s efforts ... This is where trade settlement in rupees comes in – instead of paying and receiving US dollars, the invoice will be made in Indian rupees if the ...
The Reserve Bank of India ... repatriable INR accounts for foreign investment, including FDI, in non-debt instruments. RBI further said Indian exporters will be able to open accounts in any foreign ...
To encourage greater use of Indian Rupee (INR) for trade transactions ... SRVAs with banks in India. "Overseas branches of Authorized Dealer banks will be able to open INR accounts for a person ...
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