Indian Currency

Dollar and Gold Smuggling up: More Trouble for Shaky Rupee

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Spread the love           The Directorate of Revenue Intelligence (DRI) has launched a nationwide crackdown on foreign exchange smuggling, particularly of US$. For long, legal gold inflow occupied an important position, after petroleum and natural gas, in the country’s total import basket. Weakening Rupee seems to have further pushed the domestic demand for gold, especially among the […]


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