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An appreciating Indian Rupee, while positive for repayment, may also affect export competitiveness. The transition also intersects with how international trade bills are invoiced. Over the last 15 ...

NEW DELHI, Aug 14 (Reuters) - The Indian and Russian central banks have renewed discussions to set a mechanism to expand local currency trade, in a move to iron out payment issues after a surge in ...

RBI Governor Sanjay Malhotra emphasizes the need for CCIL to expand its currency trading capabilities beyond the dollar-rupee pair to internationalize the Indian rupee. He encouraged leveraging ...