A Reserve Bank of India-appointed working group on Wednesday recommended various measures, including inclusion of the rupee in the Special Drawing Rights (SDR) basket and recalibration of the foreign portfolio investor (FPI) regime to accelerate the pace of internationalisation of the rupee.
The recommendations by an Inter-Departmental Group (IDG), headed by RBI Executive Director Radha Shyam Ratho, were placed on the RBI website.
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