International Trade Settlement in Indian Rupees (INR) – Opening of additional Current Account for exports proceeds

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..... nal Current Account for exports proceeds Attention of Authorised Dealer Category I (AD Category I) banks is invited to A.P. (DIR Series) Circular No.10 dated July 11, 2022 , in terms of which an additional arrangement has been put in place for invoicing, payment, and settlement of exports/imports in INR through Special Rupee Vostro Accounts of the correspondent bank/s of the partner tradi .....

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