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#EconomicMeasures
BBC May 14

In a bid to conserve foreign currency and address rising oil prices, Indian Prime Minister Narendra Modi has urged citizens to refrain from purchasing gold for a year, while also increasing import duties on gold from 6% to 15%, a move that poses significant challenges for India's jewelry sector, which heavily relies on gold imports. #India #GoldBuying #EconomicMeasures #IN #LK #TH #EG #MZ

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