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Why RBI wants to cap select overseas remittances at ₹50 Lakh to save rupees | Explained

The RBI has reportedly proposed a ₹50 lakh sub-limit within the ₹2,50,000 annual Liberalised Remittance Scheme cap to curb dollar outflows and protect the rupee

First reported by The Hindu 1 source
Image: The Hindu
Image: The Hindu
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  1. The Hindu

    Why RBI wants to cap select overseas remittances at ₹50 Lakh to save rupees | Explained (opens The Hindu in a new tab)

    The RBI has reportedly proposed a ₹50 lakh sub-limit within the ₹2,50,000 annual Liberalised Remittance Scheme cap to curb dollar outflows and protect the rupee

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