India Raises Import Tariffs on Gold and Silver to 15%
Move aims to curb precious metal imports and ease pressure on foreign exchange reserves
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India raises import tariffs on gold and silver to 15% to curb imports and ease pressure on foreign exchange reserves
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The government on Wednesday raised import tariffs on gold and silver to 15% from 6%, according to Reuters, in a move aimed at curbing precious metal imports and easing pressure on India’s foreign exchange reserves. ...