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RBI scraps 80:20 gold import curbs; price may come down

6 hrs 1 min ago
RBI scraps 80:20 gold import curbs; price may come down
Under the 80:20 norm, put in place in August 2013 to curb high gold inflows that was widening the current account deficit, at least 20 percent of the imported gold had to be mandatorily exported before bringing in new lots.

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