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What is convertible foreign exchange according to reserve bank of India?

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Created by ketan100 37 weeks 23 hours ago
Category: Business   Tags:

Convertible Foreign Exchange

ketan100 37 weeks 23 hours 1 min 2 sec ago

Convertible Foreign Exchange means which is for the time being treated by the Reserve bank of India as convertible foreign exchange for the purpose of foreign exchange regulation act 1973 and any rules followed under this act.