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Foreign Trade policy 2023 will make exporters more competitive: DGFT

New Delhi, March 31: The Foreign Trade policy (FTP) 2023, which was released on Friday will make exporters more competitive, said Santosh Sarangi, the Director General of Foreign Trade (DGFT). ....

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Internationalisation of the Indian Rupee

Read article about The Reserve Bank of India (RBI) has been trying to cut down the use of the US dollar to keep the rupee (INR) stable and has taken an initiative that will allow invoicing of international trade in Indian rupees instead of dollars and other major currencies. and more articles about Textile industary at Fibre2Fashion ....

United States , Sri Lanka , Society Of Worldwide Interbank Financial Telecommunication , Us Federal Bank , Federal Reserve , Reserve Bank , Worldwide Interbank Financial Telecommunication , Rupee Vostro , Trade Settlement , Ndian Fibre2fashion ,

Centre allows international trade settlements in Indian rupees for export promotion schemes

In July, the RBI in a circular to authorised dealer banks said it had been decided to put in place an additional arrangement for invoicing, payment, and settlement of exports and imports in Indian rupee. ....

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