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India set to ditch US dollar in cross-border trade

april 01, 2023by Reacties uitgeschakeld voor India set to ditch US dollar in cross-border trade

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New Delhi is seeking to substantially boost the nation’s exports by 2030

India’s central government has unveiled its new Foreign Trade Policy, which is expected to facilitate greater trade, boost manufacturing, help to shift away from the US dollar, and make the rupee a global currency.

The FTP 2023, revealed on Friday by Indian Commerce and Industry Minister Piyush Goyal, comes into effect

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