{"id":270036,"date":"2022-07-13T14:30:33","date_gmt":"2022-07-13T09:00:33","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=270036"},"modified":"2022-07-13T13:26:37","modified_gmt":"2022-07-13T07:56:37","slug":"rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/","title":{"rendered":"RBI issues guidelines on International Trade Settlement in Indian Rupees"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"text-indent: 18pt;\">&#160; &#160;<\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\">On 11-07-2022, Reserve Bank of India has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of global trade, emphasizing exports, and to support the increasing interest of global trading community in INR.<\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\">According to this new mechanism an additional arrangement for invoicing, payment, and settlement of exports\/ imports in Indian Rupees (&#8216;INR&#39;) will be made. Authorized Dealer (&#8216;AD&#39;) banks have to get approval from Foreign Exchange Department of Reserve Bank of India (&#8216;RBI&#39;), Central office, Mumbai.<\/p>\n<p style=\"font-weight: bold;\">Key Points:<\/p>\n<ol>\n<li>\n<p style=\"font-weight: bold;\">Broad Framework for cross-border transactions:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>\n<p>Invoicing in INR<\/p>\n<\/li>\n<li>\n<p>Exchange Rate between currencies of two trading partner countries must be market determined.<\/p>\n<\/li>\n<li>\n<p>Settlement of trade transactions must take place in INR<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><span style=\"font-weight: bold;\">Special Vostro Account: <\/span>is an account that a correspondent bank holds on behalf of another bank. AD banks have been permitted to open such accounts under Regulation 7(1) of <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0000377972\">Foreign Exchange Management (Deposit) Regulations, 2016<\/a>. Th following measures have to be taken in order to allow such a transaction:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>\n<p>Indian importers must make payment in INR that will be credited into such account against the invoices.<\/p>\n<\/li>\n<li>\n<p>Indian exporters must be paid in INR from the balances in such accounts of the correspondent bank.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><span style=\"font-weight: bold;\">Documentation: <\/span>Letter of credit and other trade related documents must be decided mutually between the banks of partner trading countries under the framework of Uniform Customs and Practice for Documentary Credits.<\/p>\n<\/li>\n<li>\n<p>Advance against exports must be received in INR through Rupee Payment Mechanism. Indian banks must ensure that the available funds in these accounts are used towards the payment obligations arising out of already executed export orders\/ export payments in the pipeline and only then any further advance payment against exports must be accepted.<\/p>\n<\/li>\n<li>\n<p>Setting off of export receivables against import payables must be allowed through Rupee Payment Mechanism subject to the conditions under master Direction on Export of Goods and Services 2016.<\/p>\n<\/li>\n<li>\n<p>Bank Guarantee is permitted subject to adherence to the provisions of FEMA Notification No. 8 and the provisions of Master Direction on Guarantee and Co-acceptances.<\/p>\n<\/li>\n<li>\n<p>The Rupee Surplus balance has to be used for permissible capital and current account transactions. Such as:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>\n<p>Payment of projects and investments<\/p>\n<\/li>\n<li>\n<p>Export\/ Import advance low management<\/p>\n<\/li>\n<li>\n<p>Investment in Government Treasury Bills, Securities<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p>Reporting of cross-border transactions to be done in adherence to guidelines under <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002806288\">FEMA, 1999<\/a>.<\/p>\n<\/li>\n<li>\n<p><span style=\"font-weight: bold;\">Approval Process<\/span>: The bank of the partner country can approach an AD bank for opening of Vostro Account. The AD bank has to seek approval from the RBI with details of arrangement. AD bank must ensure that the correspondent bank is not from a country or jurisdiction in the updated Financial Action Task Force (&#8216;FATF&#8217;) Public Statement on High Risk &amp; Non-Co-operative Jurisdictions on which FATF has called for counter measures.<\/p>\n<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#160; &#160; On 11-07-2022, Reserve Bank of India has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of <\/p>\n","protected":false},"author":67011,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[30076,33491,50188,50189,2611,50190],"class_list":["post-270036","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications","tag-cross-border-transactions","tag-fema","tag-foreign-exchange-department","tag-inr","tag-RBI","tag-rupee-payment-mechanism"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI issues guidelines on International Trade Settlement in Indian Rupees | SCC Times<\/title>\n<meta name=\"description\" content=\"On 11-07-2022, RBI has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of global trade\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI issues guidelines on International Trade Settlement in Indian Rupees\" \/>\n<meta property=\"og:description\" content=\"On 11-07-2022, RBI has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of global trade\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-13T09:00:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/07\/reserve-bank-of-india-rbi-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/\",\"name\":\"RBI issues guidelines on International Trade Settlement in Indian Rupees | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"datePublished\":\"2022-07-13T09:00:33+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\"},\"description\":\"On 11-07-2022, RBI has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of global trade\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RBI issues guidelines on International Trade Settlement in Indian Rupees\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"RBI issues guidelines on International Trade Settlement in Indian Rupees | SCC Times","description":"On 11-07-2022, RBI has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of global trade","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/","og_locale":"en_US","og_type":"article","og_title":"RBI issues guidelines on International Trade Settlement in Indian Rupees","og_description":"On 11-07-2022, RBI has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of global trade","og_url":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2022-07-13T09:00:33+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/07\/reserve-bank-of-india-rbi-.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/","url":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/","name":"RBI issues guidelines on International Trade Settlement in Indian Rupees | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"datePublished":"2022-07-13T09:00:33+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"description":"On 11-07-2022, RBI has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of global trade","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/13\/rbi-issues-guidelines-on-international-trade-settlement-in-indian-rupees\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"RBI issues guidelines on International Trade Settlement in Indian Rupees"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":310402,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/30\/rbi-notified-foreign-exchange-management-manner-of-receipt-and-payment-regulations-2023-legal-news\/","url_meta":{"origin":270036,"position":0},"title":"RBI notifies FEM (Manner of Receipt and Payment) Regulations, 2023 mandating permission from RBI for Trade outside India","author":"Kriti","date":"December 30, 2023","format":false,"excerpt":"On 21-12-2023, the Reserve Bank of India (\u2018RBI\u2019) notified the Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 mandating permission of RBI to make or receive payments from a person residing outside India. The provisions came into force on 21-12-2023. Key Points: These Regulations will be governed by\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"rbi","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/reserve-bank-of-india.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/reserve-bank-of-india.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/reserve-bank-of-india.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/reserve-bank-of-india.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":356643,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/08\/14\/rbi-foreign-investment-vostro-accounts-govt-securities-2025\/","url_meta":{"origin":270036,"position":1},"title":"RBI Opens Vostro Route for Foreign Investment in Government Securities","author":"Shubhi","date":"August 14, 2025","format":false,"excerpt":"RBI allows persons resident outside India to invest surplus rupee balances in Government Securities via Special Vostro Accounts under updated FEMA and Master Direction framework.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"RBI allows Foreign Investment","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/RBI-allows-Foreign-Investment.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/RBI-allows-Foreign-Investment.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/RBI-allows-Foreign-Investment.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/RBI-allows-Foreign-Investment.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":270947,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/08\/01\/legislations-monthly-roundup-july-2022\/","url_meta":{"origin":270036,"position":2},"title":"Legislations | Monthly RoundUp [July, 2022]","author":"Bhumika Indulia","date":"August 1, 2022","format":false,"excerpt":"Around 50 Legislation Updates | Relating to Controlled Delivery (Customs) Regulations, 2022, Bullion exchange units, Legal Metrology, Work from Home for the Unit, Project Screening Committee, Biodegradable plastic, Zero coupon zero principal, Note Authentication and Fitness Sorting Parameters and International Trade Settlement in Indian Rupees MINISTRY OF CORPORATE AFFAIRS Obligations\u2026","rel":"","context":"In &quot;Legal RoundUp&quot;","block_context":{"text":"Legal RoundUp","link":"https:\/\/www.scconline.com\/blog\/post\/category\/columns-for-roundup\/"},"img":{"alt_text":"Monthly RoundUp","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/12_july22_legislation_MicrosoftTeams-image.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/12_july22_legislation_MicrosoftTeams-image.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/12_july22_legislation_MicrosoftTeams-image.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/12_july22_legislation_MicrosoftTeams-image.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/12_july22_legislation_MicrosoftTeams-image.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":258893,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/12\/22\/anatomy-of-indian-currency\/","url_meta":{"origin":270036,"position":3},"title":"Anatomy of Indian Currency","author":"Bhumika Indulia","date":"December 22, 2021","format":false,"excerpt":"by Pramod Rao\u2020","rel":"","context":"In &quot;Op Eds&quot;","block_context":{"text":"Op Eds","link":"https:\/\/www.scconline.com\/blog\/post\/category\/op-ed\/legal-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/12\/MicrosoftTeams-image-184.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/12\/MicrosoftTeams-image-184.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/12\/MicrosoftTeams-image-184.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/12\/MicrosoftTeams-image-184.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/12\/MicrosoftTeams-image-184.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":182844,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/01\/20\/duty-free-shops-display-prices-rupee-inr\/","url_meta":{"origin":270036,"position":4},"title":"Duty free shops to display prices in Rupee (INR) only","author":"Saba","date":"January 20, 2018","format":false,"excerpt":"The Finance Ministry has directed all duty free shops at international airports to display price of items only in rupees and accept card payments in the Indian currency (INR). The Central Board of Excise and Customs (CBEC) through a circular said that, the prevailing exchange rates will be applicable if\u2026","rel":"","context":"In &quot;Business News&quot;","block_context":{"text":"Business News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/business_news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":368563,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/03\/rbi-revises-fema-export-and-import-of-currency-amendment-rules-2025\/","url_meta":{"origin":270036,"position":5},"title":"FEMA Amendment 2025: RBI Revises Export and Import of Currency Rules for India, Nepal, and Bhutan","author":"Shubhi","date":"December 3, 2025","format":false,"excerpt":"RBI revises FEMA export and import of currency norms between India, Nepal, and Bhutan to simplify cross-border travel and trade while ensuring compliance.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Export and Import of Currency","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Export-and-Import-of-Currency.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Export-and-Import-of-Currency.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Export-and-Import-of-Currency.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Export-and-Import-of-Currency.webp?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/270036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=270036"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/270036\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=270036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=270036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=270036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}