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Circular regarding Merchanting Trade Transactions (MTT) – review of time period for outlay of foreign exchange

Updated on:1st Oct, 2025

The Reserve Bank of India vide circular no. RBI/2025-26/88 increased the time limit for the outlay of foreign exchange in Merchanting Trade Transactions (MTT) from four months to six months to help traders manage their transactions more efficiently. This circular shall come into force from 01st October 2025. Please refer the circular for more details.


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