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<h1>RBI Proposes Streamlined Foreign Exchange Management Rules to Simplify Export-Import Business Transactions and Regulatory Compliance</h1> The Reserve Bank of India has revised draft Regulations and Directions under the Foreign Exchange Management Act, focusing on simplifying business processes. The updated document consolidates existing instructions for Authorised Dealers regarding export and import transactions. Public feedback is invited via email by April 30, 2025, to further refine the proposed regulatory framework.