ANNOUNCEMENT 31 Mar 2015In March 2015, the government of India announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
A.P.(DIR Series) Circular No. 90
A.P.(DIR Series) Circular No. 91
On 31 March 2015, the Reserve Bank of India liberalised the participation of domestic investors and importers in the foreign currency markets. Concretely, the RBI made the following amendments to the guidelines for participation in the Exchange Traded Currency Derivatives (ETCD) market -