Announcement
05 Feb 2009
In February 2009, 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
Implementation date
05 Feb 2009
Revocation date:
05 Feb 2010
Updated: 05 Feb 2009
Trade finance
On 5 February 2009, the Reserve Bank of India through Circular DBOD.DIR (Exp).No.107/04.02.001/2008-09 increased the interest ceiling rate on export credit in foreign currency.
The ceiling rates var...
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