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De-dollarisation: Bangladesh becomes 19th country to trade with India in rupees

A delegation of India s central bank - Reserve Bank of India (RBI) - and SBI visited Bangladesh s capital Dhaka in April to discuss and finalise settling trade in INR and taka ....

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India, Russia trade hit record high in 2022, settled in INR, ruble

President of Russian Chamber of Commerce and Industry Serget Katyrin said India and Russia have been working in various options & are close to resolve the issue of payments between eachother ....

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WATCH: Rupee to rescue countries facing foreign currency crunch; over 18 have opened vostro accounts

SRVA or Special Rupee vostro account is a new trade mechanism announced by India s central bank Reserve Bank of India (RBI) in July last year to settle cross-border trade in Indian rupee ....

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Dollar Trumped: Russia wants all cross-border trade with India settled in rupee, ruble

Head of the department for external economic and international relations of Moscow, Sergey Cheryomin said banks of both Russia and India should be “more active” in establishing a relationship with each other ....

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India to use G20 platform to improve rupee trade with countries facing currency issues

India s Commerce Secretary Sunil Barthwal said New Delhi is interested on settling international trade with more countries in Indian rupees ....

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