Announcement
04 May 2012
In May 2012, the government of India announced a change in its trade finance instruments.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
1 in force
Implementation date
05 May 2012
Revocation date:
No revocation date
Trade finance
In force
On 4 May 2012, the Reserve Bank of India (RBI) decided to deregulate and let the banks determine the interest rates on export credit in foreign currency. Previously, the banks had to determine an inte...
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