Prohibition on foreign currency transfers requires Reserve Bank permission before any export or import of foreign currency. Movements of foreign currency-export, sending out of India, import, or bringing into India-are prohibited unless authorized by the Reserve Bank through ... Summary
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Prohibition on foreign currency transfers requires Reserve Bank permission before any export or import of foreign currency.
Movements of foreign currency-export, sending out of India, import, or bringing into India-are prohibited unless authorized by the Reserve Bank through general or special permission, with exceptions only as provided within the regulatory framework.
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