As per the latest Reserve Bank of India (RBI) data, the foreign currency reserves of India declined by $1.466 billion to $633.614 billion, in the last week of 2021.
TerraPay has signed an MOU with NPCI International Payments Limited (NIPL) that will allow Indian customers with an active UPI ID to receive real-time, international payments into their bank accounts via TerraPay's secure payments technology.