FOREX LIMIT FOR IMPORTS SANS DOCUMENTATION RAISED TO $5,000
The Reserve Bank of India (RBI) has upped the limit for release of foreign exchange for imports
by persons, firms and companies without any documentation formalities from $500 or its equivalent to $5,000 or its equivalent, with immediate effect.
by persons, firms and companies without any documentation formalities from $500 or its equivalent to $5,000 or its equivalent, with immediate effect.
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