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What Will It Take To Internationalize The Rupee? | RBI Panel Seeks Globalization of Indian Currency
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On July 05, 2023, an RBI-appointed committee suggested measures for the internationalization of the Indian rupee with inclusion in IMF's Special Drawing Rights Basket (SDR). The panel proposed integrating Indian currency for cross-border transactions as well.
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#rupee #globaltrade #rbi
Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools.
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