<h1>RBI Framework Enables International Trade Payments in Indian Rupees, Boosting Exports and Global Trade Partnerships.</h1> The Reserve Bank of India (RBI) has implemented a framework allowing international trade invoicing and payments in Indian Rupees (INR), as per a circular issued on July 11, 2022. This initiative aims to boost global trade, particularly exports from India, by facilitating trade transactions in INR. The framework is available to any partner country interested in trading with India in INR. Additionally, the Directorate General of Foreign Trade (DGFT) has aligned the Foreign Trade Policy to support this initiative, introducing provisions and notifications to enable trade settlement, export benefits, and export obligation fulfillment in INR.