Explained: Why India Raised Gold Import Duty, And What It Means For You

India's forex reserves have slipped amid the Iran war. By raising gold import duty, India is taking pre-emptive steps to save its forex reserves.

avianscape.enterprises@gmail.com May 13, 2026 1 minute read

India’s forex reserves have slipped amid the Iran war. By raising gold import duty, India is taking pre-emptive steps to save its forex reserves.

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