# India's central-bank working group proposes steps to broaden rupee's global reach

> A working group of India's central bank proposed steps to broaden the rupee's global use, including international acceptance in trade and capital account transactions. The proposals also include strengthening financial markets with a five-day round-the-clock trading window.

- Date: 2023-07-05 · published 2023-07-05T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/35318-india-s-central-bank-working-group-proposes-steps-to-broaden-rupee-s-global
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

This is a currency policy proposal with no direct effect on feed commodity supply, demand or prices.

## Sources

- reuters.com: https://www.reuters.com/world/india/indias-cenbank-working-group-proposes-steps-broaden-rupees-global-reach-2023-07-05/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.