Mumbai - Digitalisation will hasten internationalisation of the rupee, which will result in lowering transaction costs for cross-border trade and investment operations and lower exchange rate risk, Reserve Bank of India (RBI) said in its annual report on Currency and Finance.“Given considerations of financial stability and global coordination, the shift towards open economy digitalisation is expected to be gradual and measured, which has been India’s approach. The internationalisation of the UPI is a pertinent example of this approach. The initial steps were aimed to enable Indian travellers and diaspora to make merchant payments using UPI abroad. The . . .