<h1>Invoicing and payment in Indian Rupee now permitted for international trade, with trade policy adjusted to recognise INR settlements.</h1> The central bank authorises invoicing, payment and settlement of exports and imports in Indian Rupee (INR) for any partner country, and the national foreign trade policy has been amended to permit INR invoicing and payments while adjusting grant of export benefits and fulfilment of export obligations to accommodate INR realisations in line with the central bank guidelines.