Does that mean you are basically more optimistic than you were recently? Has this anything to do with the rapprochement between the United States and China in the trade dispute and the recent postponement of the Brexit deadline? The news reports are more encouraging than they were two or three months ago. A no-deal Brexit is off the table for now.
BIS central bankers’ speeches  9    Another related issue is that of use of Rupee for trade invoicing. It is argued that rupee invoicing may be a preferred option to help domestic exporters and importers to deal with currency volatility. Even now, there are no regulatory restrictions coming in its way.