
Why is the EXIM bank chief not too bullish about rupee trade?


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Harsha Bangari, MD of EXIM Bank, feels that implementation of global rupee trade may be tougher. Even among BRICS, it would depend on bottlenecks to dollar trade and whether BRICS can trade in their own currency. She adds that rupee invoicing is very process driven and is not a blanket approval, creating more practical problems.
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