Announcement
03 Jun 2014
In June 2014, the government of India announced a rule change for commercial cross-border financial flows.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
1 in force
Implementation date
03 Jun 2013
Revocation date:
No revocation date
Controls on commercial transactions and investment instruments
In force
On 3 June 2014, the Reserve Bank of India (RBI) increased the total amount of remittances allowed to be sent abroad by individuals with residency in India under the Libearalized Remittance Scheme (LRS...
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