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Sunday, Nov 24, 2002
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Travel abroad with more forex

IF you are going abroad on a private visit, you can now carry a heavier wad of hard currency. The Reserve Bank of India (RBI) has raised the limit of forex for such visits from $5,000 to $10,000, or its equivalent. Authorised dealers and full-fledged moneychangers can offer the limit. If you need forex exceeding this amount, you have to make an application to the regional offices of the RBI through the authorised dealer.

BL Research Bureau

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