Cross-border transactions: RBI announces steps to encourage use of Indian rupee
The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border ...
RBI announces steps to encourage cross-border transactions in Indian rupee
The Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a ...