India to liberalise forex regulations
NEWS
RBI is seeking feedback by this Thursday (December 15) from the public on a report entitled Licensing policy for authorised persons: liberalisation. The response will be reviewed by the central bank's foreign exchange department.
The report said: "A large segment of the population is increasingly getting connected with forex transactions.... there is a felt need for widening and rationalising the intermediate tier of authorised persons licensed to undertake foreign exchange transactions."
The
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