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Linkages like PayNow-UPI have great potential to help rupee: Jamal Mecklai

/ News / By WTI Admin

In a Q&A, the CEO of Mecklai Financial Services dwells on issues such as rupee internationisation, stronger FDI flows and RBI’s role in keeping the Indian currency stable

Jamal Mecklai, CEO, Mecklai Financial Services

Jamal Mecklai, CEO, Mecklai Financial Services

Last year, the RBI took certain steps to further internationalise the rupee, but Jamal Mecklai, CEO, Mecklai Financial Services tells Bhaskar Dutta in an interview, that the recent move to link Singapore’s PayNow with India’s UPI is a far more exciting measure as it plays to India’s strengths and holds great potential in making cross-border flows efficient. Edited excerpts:

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