BRIEF-India's Cenbank Allows Foreign Investors To Take Up To $100 Mln Position Across All INR Currency Pairs

  • Reuters
  • Stock Market News
BRIEF-India's Cenbank Allows Foreign Investors To Take Up To $100 Mln Position Across All INR Currency Pairs
Credit: © Reuters.

Feb 26 (Reuters) -

* India's cenbank on exchange traded FX derivatives: allows foreign investors to take positions without underlying exposure of up to $100 million across all currency pairs involving rupee

* India cenbank: currently foreign investors can take short or long positions up to $15 mln in USD/INR pair per exchange without underlying exposure

* India cenbank: foreign investors can also take short or long positions in EUR/INR , GBP/INR and JPY/INR pairs for total of up to $5 mln per exchange without underlying exposure

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
  • Raghuram Krishnan @Raghuram Krishnan
    why is a 2.5 yrs old post posted now???
    Like 5
  • Aviral jhalani @Aviral jhalani
    We must keep in mind what is going to happen when foreign investors gonna take their money back...They will skim & go away.
    Like 4
  • Aviral jhalani @Aviral jhalani
    We must keep in mind what is going to happen when foreign investors gonna take their money back...They will skim & go away.
    Like 3

Related Articles