The Reserve Bank of India Bans Gold Coin Imports

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tbird165
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The Reserve Bank of India Bans Gold Coin Imports

#1 Unread post by tbird165 »

India continues to expand the curbing of gold imports in an attempt to stabilize the Rupee from continuing to drop versus other major currencies. Just this year gold import taxes have increased from 6% – 10%. Additionally, India has mandated that 20% of gold be earmarked for exports...

India Bans Gold Coins

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