RBI in talks with leading global peers to promote digital rupee payments

RBI in talks with leading global peers to promote digital rupee payments https://ift.tt/12ipZnK months before unveiling the CBDC pilot in both retail and wholesale segments, the central bank allowed rupee settlement for international trade as a step towards internationalisation of the rupee. Banks from 18 countries have opened rupee vostro accounts since July last year, helping their importers settle payments in the rupee.