RBI Move on Trade Settlements in Rupee will Strengthen India's International Presence: PHD Chamber

RBI decision to allow rupee transactions in International trade will help to subside price pressures and strengthen India's presence in the International market, said Mr. Pradeep Multani, President, PHDCCI

Rupee transactions will enhance trade with better give and take with its trade partners.

India as a strong economy  is an attractive destination for many economies for trade and investments, said Mr. Pradeep Multani

Internationalization of the rupee will explore better complementarities with countries who are willing to enhance the trade trajectory with India, said Mr. Pradeep Multani, President.