Around 22 countries exploring bilateral trade with India in rupee – finance minister

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India's Finance Minister Nirmala Sitharaman speaks at the Global Fintech Fest in Mumbai

India’s Finance Minister Nirmala Sitharaman speaks at the Global Fintech Fest in Mumbai, India, September 5, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights

Sept 15 (Reuters) – Around 22 countries were negotiating and exploring bilateral trade with India in rupees, Nirmala Sitharaman, the South Asian country’s finance minister said on Friday.

“About 22 countries are negotiating and approaching us to see if bilateral trade can be held (in rupees). It is also because many of… those countries are running short of dollar,” Sitharaman told news channel NDTV during an interview.

Reporting by Nikunj Ohri and Shivangi Acharya, writing by Shilpa Jamkhandikar; editing by Sudipto Ganguly

Our Standards: The Thomson Reuters Trust Principles.

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