<h1>Merchanting trade guidelines: revised period extended and short term financing enabled with enhanced AD bank reporting requirements.</h1> The revised guidelines define merchanting trade as resident purchase from non residents and resale to another non resident without goods entering domestic ports, note that such trade yields net foreign exchange inflows, extend the permissible merchanting trade period, enable short term financing for both export and import legs, and require Authorized Dealer banks to report outstanding merchanting trade half yearly for improved monitoring.