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RBI revises FEMA rules: High-value INR allowed into India from Nepal up to ₹25,000

KATHMANDU: In a policy refinement with direct implications for millions of Nepali travellers, workers and cross-border traders, the Reserve Bank of India (RBI) has amended the Foreign Exchange Management Act (FEMA) rules governing the movement of Indian currency between India and its neighbours. The new circular introduces a crucial...

RBI revises FEMA rules: High-value INR allowed into India from Nepal up to ₹25,000
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