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RBI extends relaxation on export proceeds till March

Source : REUTERS
Last Updated: Tue, Nov 20, 2012 12:40 hrs

MUMBAI (Reuters) - The Reserve Bank of India has extended the relaxation of the period of realization and repatriation to the country of the full value of goods or software exported by six months.

The relaxation will now be effective till March 31, 2013, the RBI said in a release.

(Reporting by Subhadip Sircar; Editing by Prateek Chatterjee)

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