#RBI circular


RBI: Putting the Ex in Forex

Through a recent circular, the RBI pulled the plug on speculative forex derivative trades in India. Until now, any speculator could trade currency derivatives on a stock exchange. This is because disclosing an underlying exposure was not required up to a certain limit. Therefore, currency derivative volumes on the NSE were booming. The prices and […]

Founder, StockViz
03 Apr 2024