Banks from 30 countries open accounts with Indian banks for local currency trade
- Posted on February 7, 2025
- By Financial Express
- 6 Views
Banks from 30 countries open accounts with Indian banks for local currency trade
In December 2023, the Foreign Exchange Management (Manner of Receipt and Payment) Regulations were revised to enable cross border transactions in all foreign currencies - including local currencies of trading partner countries - and INR.
