Summary
This helps countries that do not have enough strong foreign money to keep buying important items 😊.
Talking about it, the Finance Minister said it can make trade easier even when money problems happen 🌈.
Key Points
3 points1
India is encouraging trade paid in rupees.
2
It helps countries that lack strong foreign money.
3
The idea was shared at a big meeting of the International Monetary Fund and World Bank.
New Words to Learn
5 wordsrupee
India's own money
currency
the type of money a country uses
settlement
the way people finish paying for something
geopolitical
things about how countries work together or have problems
balance of payments
a record of all money a country receives and spends with other countries
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