Around 22 countries exploring bilateral trade with India in rupee: FM

Finance Minister Nirmala Sitharaman speaks at the Global Fintech Fest in Mumbai, India, September 5, 2023. REUTERS/Francis Mascarenhas/File Photo

Sept 15 (Reuters) – Around 22 countries were negotiating and exploring bilateral trade with India in rupees, Nirmala Sitharaman, the South Asian country’s finance minister said on Friday.

“About 22 countries are negotiating and approaching us to see if bilateral trade can be held (in rupees). It is also because many of… those countries are running short of dollar,” Sitharaman told news channel NDTV during an interview.