October 1, 2025 10:25 PM October 1, 2025 10:25 PM
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RBI Introduces Measures to Promote Cross-Border Transactions in Indian Rupees
In order to promote the settlement of cross border transactions in Indian Rupees and local currencies, the Reserve Bank has announced a few additional measures. In the ‘Statement on Developmental and Regulatory Policies' issued earlier today, RBI has said that it is essential to make availability a...