India Forex Control
January 25th, 2008 | by admin |Foreign exchange regulation in india was known among those countries which regulated the forex very strictly. In the last two decades however the foreign exchange rules in india has become loose. The focus of India forex control is now moving towards promotion of India’s share on the global market. The dreaded Foreign Exchange Regulation Act has been replaced with the liberal and flexible Foreign Exchange Management Act. In fatc the statement that India forex control is no more control but forex management can be regarded as completely true.
