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International Trade Settlement in Indian Rupees (INR)

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Full Text of the Document

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....vited to Para 8(c) of A.P. (DIR Series) Circular No.10 dated July 11, 2022 wherein it has been indicated that the balance in Special Rupee Vostro Accounts can be used for: 'Investment in Government Treasury Bills, Government securities, etc. in terms of extant guidelines and prescribed limits, subject to FEMA and similar statutory provision'. 2. In the light of the directions issued through AP ....

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