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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). ....
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 ....
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. ....