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RBI eases norms to buy immovable property abroad
Reserve Bank said individuals can also use funds under Liberalised Remittances Scheme (LRS) to buy immovable property abroad. Encouraged by an improvement in the forex market, the Reserve Bank on June 3 had raised annual overseas investment ceiling for individuals ...
Rbi Eases Norms Buy Immovable Property Abroad
Rupee rallies to over 2-month high at 60.92
The rupee rallied to a two-month high of 60.92 against the US dollar in late morning deals today on persistent selling of the dollar by banks and exporters on the back of sustained capital inflows from foreign funds. The domestic ...
Rupee Rallies Over 2 Month High At 60
RBI to relax norms for forex futures after rupee stabilises
NEW DELHI: Reserve Bank today said it will look at easing restrictions on the forex futures market once stability improves in the foreign exchange market. "Once the stability improves in forex market, we will look at the whole gamut of ...
Rbi Relax Norms Forex Futures
NDF mkt crackdown, Rajan effect helping Re stabilise: Experts
Mumbai: The reported crackdown on speculative trading in the non-deliverable forward (NDF) market by the government and steps taken by recently-appointed RBI Governor Raghuram Rajan brought stability to the forex market last week, analysts and treasury heads say. NDF is ...
Rupee at current level is well corrected: Rangarajan
New Delhi: The rupee at the current level is "well corrected" and it will gain further with stability returning to the forex market, Prime Minister's Economic Advisory Council Chairman C Rangarajan on Friday said, amidst volatility in the exchange value of ...
Rupee At Current Level Is Well Corrected Rangarajan
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