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24-hour trades, hedging tools: RBI to rejig forex market rules
The RBI is proposing a significant overhaul to liberalize access to currency markets, offering increased opportunities for hedging foreign exchange risk and extending trading hours. The draft framework broadens derivative offerings and allows transactions across various global platforms, aiming to integrate Indian participants more firmly into international liquidity pools.
The RBI is proposing a significant overhaul to liberalize access to currency markets, offering increased opportunities for hedging foreign exchange risk and extending trading hours. The draft framework broadens derivative offerings and allows transactions across various global platforms, aiming to integrate Indian participants more firmly into international liquidity pools. What's Your Reaction?
