MUMBAI, March 31 (Reuters) - India's central bank relaxed rules for foreign investors in exchange-traded currency derivatives by increasing the trading limits allowed without an underlying exposure for the USD/INR INR=D2 pair to $15 million per exchange from $10 million earlier.
The central bank also permitted importers to hedge up to 100 percent of their eligible limit in the exchange-traded market compared with 50 percent earlier.
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