Tag: foreign exchange derivatives
Posted in Economy
RBI tightens rules for forex bets to shield bruised rupee
Mumbai: The Reserve Bank of India (RBI) on Saturday tightened foreign exchange derivative norms, lowering transaction limits and imposing stricter documentation requirements as it sought…
Posted in Economy
RBI moves to support rupee at 96.78, cracks down on forex derivatives
The Reserve Bank of India (RBI) on Saturday announced a series of measures to ease pressure on the rupee, tightening rules for foreign exchange derivatives,…