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India aiming to make INR global currency: Commerce Secretary Barthwal

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Content Team
Image Credit: NewsBytes

While unveiling the new Foreign Trade Policy (FTP), Commerce Secretary Sunil Barthwal on Friday revealed that India is set to trade in Indian Rupee (INR) with nations facing currency failure or having a dollar shortage. As per Barthwal, changes to the FTP were made to allow international trade settlement in INR in order to make rupees a global currency.