Tag: INR

Trade Settlement in Rupee: Ingenious Indeed

Posted: July 21, 2022 at 4:23 pm | Author: Manish Marwah

The Indian central bank seems to have hit multiple birds with one stone with this one stroke – preserving Forex, stabilising INR, enhancing liquidity and attempting to increase its acceptability as a global currency  The Reserve Bank of India’s (RBI) decision to allow international trade settlement in Rupee is a welcome one and has far reaching consequences in promoting the […]