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      <description>A resident may open and maintain with an Authorised Dealer a Resident Foreign Currency (Domestic) Account funded from specified foreign exchange receipts (currency notes, bank notes and travellers cheques acquired on travel, honoraria or gifts from non residents, or unspent travel foreign exchange). Debits are permitted for current account transactions under the Current Account Transactions Rules and permissible capital account transactions; the account is a non interest Current Account and there is no ceiling on balances.</description>
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