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She said the government will simplify rules to promote FDI and overseas investment in India, seeking to promote the use of rupee in such transactions. This year the central bank said it will let persons resident outside India (PROIs) to [&hellip;]<\/p>","protected":false},"author":1,"featured_media":46649,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8320],"tags":[1073,4208,1819,8605,8603,2007,8606,8600,8602,301,8604,4064,3234,8607,1093,8601,99,736],"class_list":["post-46648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-december-articles-2024","tag-bank","tag-bankers","tag-capital","tag-capital-account","tag-convertible","tag-countries","tag-exports-imports","tag-fdi","tag-fpi","tag-government","tag-indias","tag-international","tag-international-currency","tag-invoiced","tag-payment","tag-prois","tag-rbi","tag-rupee"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to Promote Rupee as an International Currency - PLY INSIGHT<\/title>\n<meta name=\"description\" content=\"But making rupee an international currency is easier said than done. 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