Source-linked briefing Business

India Eases Rupee-Trade Rules, Offering Alternative to Dollar Settlements

India Eases Rupee-Trade Rules, Offering Alternative to Dollar Settlements

The government has revised parts of the Foreign Trade Policy to facilitate rupee-based trade for exporters. The step aims to boost adoption of the local currency in cross-border transactions and reduce dependence on the dollar.

Original headline

India eases rupee trade rules, provides exporters alternative to dollar settlements; what it means