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India eases rupee trade rules, provides exporters alternative to dollar settlements; what it means
In a bid to push for greater adoption of rupee for trade settlement purposes, the government on Thursday revised parts of the Foreign Trade Policy to give exporters greater flexibility to invoice overseas transactions and receive export proceeds in Indian rupees.
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economictimes.indiatimes.com
India eases rules for rupee export payments, seeks to widen trade settlement
India has eased export payment rules, allowing rupee settlements with non-Asian Clearing Union countries. This move aims to promote wider use of the local currency in…
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thehindubusinessline.com
India eases rupee invoicing and payment rules for exporters
India eases export rules to allow wider rupee invoicing and payments, with eligible rupee receipts qualifying for FTP benefits and export obligations.
