Cryptocurrency Q&A
Why does India have a currency exchange policy?
Why does India have a currency exchange policy?
Thu Jan 09 2025
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6 answers
1225
I am curious about India's currency exchange policy. Why does the country have such a policy? What are the reasons behind it?
6 answers
Fri Jan 10 2025
The initiative was intended to increase interest in the Indian rupee.
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Fri Jan 10 2025
The Reserve Bank of India implemented a new arrangement in the previous year.
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Fri Jan 10 2025
By enabling transactions in rupees, the Bank hoped to bolster the currency's international profile.
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Fri Jan 10 2025
This arrangement aimed to facilitate transactions in domestic currencies.
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Fri Jan 10 2025
The primary objective was to promote the growth of global trade.
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