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.

May 13, 2026 3

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.
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