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'Ruppees' Global Showdown

The RBI declared a preparation for domestic traders to resolve imports and exports in rupees. The central bank. ....

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India's Central Bank, RBI Announces International Trade Settlement in Indian Rupees

Indian importers undertaking imports through this mechanism shall make payment in INR which shall be credited into the Special Vostro account of the correspondent bank. ....

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RBI forms arrangement in settling international trade payments in rupees

Indian exporters shall be paid the export proceeds in rupees from the balances in the designated Special Vostro account of the correspondent bank of the partner country, RBI stated. ....

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MIL-OSI Banking: International Trade Settlement in Indian Rupees (INR)

MIL-OSI Banking: International Trade Settlement in Indian Rupees (INR)
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