The Reserve Bank of India is bringing offshore rupee derivative trades under its regulatory watch. Authorized dealers must now report over-the-counter FX contracts, both deliverable and non-deliverable, to enhance oversight of price discovery. This move aims … For the full story, visit the source.
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RBI tightens oversight on offshore rupee trades with new FX reporting rules
The Reserve Bank of India is bringing offshore rupee derivative trades under its regulatory watch. Authorized dealers must now report over-the-counter FX contracts, both deliverable and non-deliverable, to enhance oversight of price discovery. This move aims …
By ET Bureau· The Times of India· 9 days ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India