23-August-2026
Economy News
 
Trade policy amendments to aid rupee internationalisation
22-Aug-2026

The amendments to the Foreign Trade Policy (FTP) to facilitate settlement of international trade in Indian rupee is expected to provide greater flexibility to Indian exporters and their overseas trading partners in choosing the currency of invoicing and settlement, a senior official said on Friday. The changes also support government’s broader efforts towards trade facilitation, reducing transaction frictions and encouraging greater use of rupee in international trade settlements, particularly where trading partners find it commercially convenient, he added.

News Source:- https://www.financialexpress.com/policy/economy/trade-policy-amendments-to-aid-rupee-internationalisation/4322872/?ref=economy_hp