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India pins hopes on bilateral local currency trade to internationalise rupee

India has been looking to encourage the use of the Rupee to settle international trade transactions. However, progress has been slow, with the government and the Reserve Bank of India treading carefully to ensure there aren#39;t any unintended consequences

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​ India has been looking to encourage the use of the Rupee to settle international trade transactions. However, progress has been slow, with the government and the Reserve Bank of India treading carefully to ensure there aren#39;t any unintended consequences India has been looking to encourage the use of the Rupee to settle international trade transactions. However, progress has been slow, with the government and the Reserve Bank of India treading carefully to ensure there aren#39;t any unintended consequences  Moneycontrol Latest News Read More  

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