India's government has revised its Foreign Trade Policy to facilitate rupee-denominated transactions in international commerce. This strategic amendment enables exporters to invoice and settle payments directly in Indian rupees, expanding eligibility for export incentives across all destination countries. The policy particularly benefits ACU member nations and aims to minimize transaction costs and currency exposure risks. By promoting rupee internationalization, India strengthens its position in global trade while offering competitive advantages to domestic exporters seeking alternative settlement mechanisms.

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