India’s foreign trade policy, which came into effect on April 1, 2023, focuses on the facilitating use of rupee for settlements in international trade. It clears the way for all export contracts and invoices to be denominated in Indian Rupee (INR).
In this context, Sanjay Notani, Partner, Economic Laws Practice (ELP) has been quoted in an article Rupee goes global published by Deccan Herald.