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Rupee Goes International – Journey Of Indian Currency Since 1947
The Reserve Bank of India last year put in place an arrangement, allowing transactions in domestic currencies to promote the growth of global trade with an emphasis on exports from India and to bring in increasing interest towards the rupee.
West ‘Delighted’ By India Lapping Up Russian Oil: BP Chief Economist
With a view to restricting Moscow's revenues, the Group of Seven (G7) coalition imposed a USD 60 per barrel price cap on seaborne Russian oil.