Tag: foreign exchange
Posted in Economy
Exporters in Gift City can retain forex proceeds for 3 months now
Mumbai: The Reserve Bank of India on Monday notified an amendment to Foreign Exchange Management Act (FEMA) regulations, allowing exporters with foreign currency accounts in…
Posted in Economy
Bharat Connect gets linked with FX-Retail platform; enables customers to buy USD
The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US…
Posted in Economy
Money markets, forex and G-Secs deals to remain closed on September 8: RBI
The Reserve Bank of India (RBI) on Thursday said there will be no transactions and settlements in government securities, foreign exchange, money markets and rupee…