Includes how foreign exchange is managed and implications for U.S. business;
Last Published: 10/10/2018
The RBI sets India’s exchange-control policy and administers foreign exchange regulations in consultation with the GOI. India's foreign exchange control regime is governed by the Foreign Exchange Management Act (FEMA), (, enacted with the objective of facilitating external trade and payments, promoting the orderly development and maintenance of the foreign exchange market in India and the liberalization of economic policies.

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India Market Access Foreign Exchange