{
  "id": 2197182,
  "title": "Rules eased to help exporters receive payments in rupees",
  "url": "https://urgent.news/2026/08/20/rules-eased-to-help-exporters-receive-payments-in-rupees",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T18:04:42.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/foreign-trade/rules-eased-to-help-exporters-receive-payments-in-rupees/articleshow/133385446.cms"
  },
  "original_language": "en",
  "account": "India has simplified its rules on rupee payments for exports, enabling businesses to invoice international sales and receive funds in Indian currency. This move aligns exporters with foreign-currency earnings, granting them similar trade-policy advantages. The Directorate General of Foreign Trade (DGFT) updated the Foreign Trade Policy (FTP), allowing export contracts and invoices to be settled in rupees or foreign currencies with non-Asian Clearing Union (ACU) nations. The nine-member ACU, established in 1974, comprises Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka. The DGFT's notification indicates a shift towards local currency usage in global trade, with eligible rupee payments for exports no longer limited to Nepal and Bhutan.",
  "summary": "India has eased rules for rupee-based export payments, allowing exporters to invoice and receive payments in Indian currency or foreign currencies from non-ACU countries. Rupee export realisations will now qualify for trade-policy benefits and count towards export obligations, helping promote wider use of the rupee in international trade.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}