Nomura anticipates tighter forex remittance rules to address deficit
after close1 source ↓written by the desknot a recommendation
- annually
- $250,000
- in FY26
- $105 billion
- in FY25
- $81 billion
Nomura forecasts additional policy measures to narrow India's current account deficit. Potential changes may include tighter rules under the Liberalized Remittance Scheme, which permits residents to remit up to $250,000 annually. The firm also notes a significant rise in precious metals imports, totaling $105 billion in FY26, up from $81 billion in FY25.
Not investment advice. For informational purposes only.