Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India may amend the Foreign Exchange Management Act to allow foreign investors to raise capital in rupees for international investments.

flag India may allow foreign investors to raise capital in rupees for overseas investments, aiming to boost international use of the Indian currency. flag This could enable investments in rupees for countries of strategic interest and aligns with efforts to increase international trade settlement in the local currency and reduce reliance on the US dollar. flag The plan requires amending the Foreign Exchange Management Act.

5 Articles