|Chennai||Rs. 27770.00 (0.07%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
Exports of gold jewellery from India nearly halved in August to $561 million, a leading industry body said on Tuesday, although they picked up from July, when the Reserve Bank of India (RBI) tied imports by the world's biggest bullion buyer to its overseas shipments.
The amount of gold jewellery India exports now directly impacts gold imports by the world's biggest buyer of bullion, as the government tries to curb a bulging current account deficit.
Exports fell in August to $561 million, the Gems and Jewellery Export Promotion Council said in a statement, after a fall of 70 percent in July to $441.4 million.