RBI panel makes recommendations for internationalisation of rupee; suggests short-term, long-term measures

New Delhi [India], July 5 (ANI): The Inter-Departmental Group (IDG) constituted by the Reserve Bank of India to examine issues related to the internationalisation of the Indian rupee and has come up with a report, where it made various short-term and long-term recommendations.

In the short-run, the members of the Group recommended enabling rupee as an additional settlement currency in existing multilateral mechanisms; int