India to re-impose gold import curbs to check trade deficit
TND Editor’s Note: Indian Gold demand has started to take off again. The Indian government has decided to re-impose gold import curbs to check the country’s trade deficit. If the nation’s leaders were smart, they’d take gold out of India’s “current account” and simply classify gold imports as foreign exchange. But then, that would require the Indian government and central bank to act in the best interests of the people and not bankers. Enough said.
Government to re-impose gold import curbs to check trade deficit – The Economic Times http://t.co/eJueFh549j
— David Morgan (@silverguru22) October 20, 2014
#India: Gold #imports jump about 5-times in Sep on global price slide http://t.co/lXFb6hg1tE
— GoldBroker (@Goldbroker_INT) October 16, 2014
Indian demand is back ! > #Gold Imports by India Seen Rising More Than Fourfold Last Month http://t.co/UW3ao56E8n via @BloombergNews
— Mark O’Byrne (@MarkTOByrne) October 15, 2014
Source: http://thenewsdoctors.com/india-to-re-impose-gold-import-curbs-to-check-trade-deficit/
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