Economy, Banking and Finance · 25 August 2026
Directorate General of Foreign Trade (DGFT) eases rupee invoicing rules for exporters
Exam-focused facts from the 25 August 2026 current affairs briefing.
Key facts
- DGFT amended the Foreign Trade Policy 2023 to align with RBI regulations on export invoicing.
- Rupee payments for exports to all countries except Nepal and Bhutan now qualify for FTP benefits.
- Exports financed through EXIM Bank or Government of India lines of credit can be invoiced in rupees.
- The revised framework permits invoicing in rupees or any foreign currency for exports to countries outside the Asian Clearing Union (ACU).