Announcement
27 Feb 2019
India's central bank allowed crew/ship managing agencies and certain insurance brokers in India to open foreign currency accounts in India.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
27 Feb 2019
Revocation date:
No revocation date
Updated: 27 Feb 2019
Controls on commercial transactions and investment instruments
In force
On 27 February 2019, the Reserve Bank of India amended the policy for Foreign Currency Accounts by a person resident in India as part of the Foreign Exchange Management Regulations 2019. The a...
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