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Trade settlement between India, Malaysia now possible in Indian Rupee

New Delhi [India], April 1 (ANI): Trade between India and Malaysia can now be settled in Indian Rupee (INR) in addition to the current modes of settlement in other currencies.
This follows the decision by the Reserve Bank of India in July 2022 to allow the settlement of international trade in the Indian Rupee (INR). This initiative by RBI aims to facilitate the growth of global trade and to support the interests of the gl