Finance
Mr. BillionhairRBI ka bada announcement: Forex fees ab sabko pata chalega
Folks, listen up! The RBI, that’s the Reserve Bank of India, just dropped a bombshell! They want all those dealers to spill the beans on forex fees for retail users. We’re talking remittance fees, exchange rates, and conversion charges. Feedback is due by January 9, 2026. It’s all about transparency, folks! Everyone deserves to know the costs before they jump in. I told you so!
few days ago | Anjali Kumari
Quick rundown
1.RBI mandates full disclosure of forex transaction costs.
2.Feedback on the draft circular is open until January 9, 2026.
3.Dealers must break down all fees for retail forex users.
4.New rules build on January 2024 transparency mandates.
5.RBI aims to enhance transparency in forex transactions.
