Rupee Closer To Replacing Dollar As 18 Nations Agree To Trade In INR

Indian Rupee
Photo courtesy: First Post

New Delhi: Indian rupee is edging closer to becoming an international currency with more and more countries working to de-dollarise global trade. Several nations have expressed interest in facilitating international trade in INR and to make the process smooth, India’s central bank – RBI- has given approval for opening 60 special rupee vostro accounts in 18 countries including Russia and Sri Lanka.


Read more at: https://www.firstpost.com/world/rupee-closer-to-replacing-dollar-as-18-nations-agree-to-trade-in-inr-12295932.html

 

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  • 16 Mar 2023
  • WerIndia

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