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Indian rupee edges closer to becoming an international currency as RBI approves accounts in 18 countries

India's central bank, RBI, has granted approval for opening 60 special rupee vostro accounts in 18 countries, including Russia, Sri Lanka, and the UK, to facilitate international trade in Indian rupees. The move is part of India's efforts to boost exports and promote the use of the Indian rupee as an international currency amid a growing trend of de-dollarization in global trade.
India Finance 20-Mar-2023 Dollars International Currency Indian ? RBI