Announcement
13 Mar 2014
In March 2014, the government of India announced a change in the settlement of trade invoices.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
13 Mar 2014
Revocation date:
No revocation date
Updated: 13 Mar 2014
Trade payment measure
In force
On 13 March 2014, the Reserve Bank of India increased the transaction limit for trade-related remittances under the Rupee Drawing Arrangements (RDA) from INR 200'000 to INR 500'000 (USD 3'000 and 8'0...
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