RBI has taken a major step, worldwide transactions will now be settled in Indian rupees
Zee Business Video Team | Updated: July 12, 2022 06:57 PM IST
The Reserve Bank of India (RBI) has taken a big step towards the internationalization of the rupee. RBI has allowed foreign trade in Rupees. According to the notification issued by RBI, banks should make additional arrangements for settlement of export-import in Indian rupees