International Trade Settlement in Indian Rupees (INR) – Opening of additional Current Account for exports proceeds

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....NR) - Opening of additional Current Account for exports proceeds Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No.10 dated July 11, 2022, in terms of which an additional arrangement has been put in place for invoicing, payment, and settlement of exports/imports in INR through Special Rupee Vostro Accounts of the correspondent bank/s....