New Delhi, June 17 -- Industry body ASSOCHAM has submitted a detailed representation to the government and the Reserve Bank of India (RBI), recommending measures to strengthen the rupee and expand its use in international trade settlement. ASSOCHAM Calls For Stronger Push Towards Rupee Internationalisation The proposals aim to strengthen GIFT City as a global financial hub and address gaps in the rupee trade settlement framework. ASSOCHAM has urged the government to create a dedicated policy framework to attract global family offices and multinational corporations' treasury operations to GIFT City. It said this could bring stable long-term capital, deepen financial markets, boost foreign exchange reserves and support the rupee, reported F...