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A comment on India's Central Bank Announces International Trade Settlement in Indian Rupees. Parent comment
Plus US is one of India's larger trade partners (https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa...) where payments will be USD.
I can't see this having a huge shift on the exchange rate, but hope to see it stabilize soon.
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Plus US is one of India's larger trade partners (https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa...) where payments will be USD.
I can't see this having a huge shift on the exchange rate, but hope to see it stabilize soon.