Special Rupee Vostro Account

Tag: Special Rupee Vostro Account

RBI’s Landmark Decision Challenges Dollar Dominance in Global Trade

2025-08-13 Niranjan Ghatule

RBI, in coordination with the Ministry of Finance, has eased rules for international trade settlements in Indian rupees by removing prior approval requirements for Special Rupee Vostro Accounts. The move aims to speed up payments, reduce cancellations, and promote the rupee globally

RBI’s Landmark Decision Challenges Dollar Dominance in Global Trade

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