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Old 03-06-2014, 03:49 PM
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Default Invest Abroad

Indians can invest up to $125,000 overseas annually: Reserve Bank of India
Tuesday, 3 June 2014


"In view of the recent stability in the foreign exchange market, it has been decided to enhance the eligible limit to $125,000 without end-use restrictions except for prohibited foreign exchange transactions such as margin trading, lottery and the like," the Reserve Bank of India said in its Second Bi-Monthly Monetary Policy Statement.

http://www.dnaindia.com/money/report...-india-1993167
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