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    India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit

    • Post author:MiamiCrypto
    • Post published:July 6, 2022
    • Post category:Economics/gold import duty/gold smuggling/India Bullion and Jewellers Association (IBJA)/Indian Rupee/Narendra Modi/Surendra Mehta/trade deficit/World Gold Council

    In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points…

    Continue ReadingIndia Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit
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