Currency futures and options permission for Indian residents was omitted, ending this specific regulatory provision. Regulation 5A, which formerly permitted persons resident in India to enter into currency futures or currency options on recognised stock exchanges for ... Summary
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Currency futures and options permission for Indian residents was omitted, ending this specific regulatory provision.
Regulation 5A, which formerly permitted persons resident in India to enter into currency futures or currency options on recognised stock exchanges for hedging risk exposure or otherwise, subject to Reserve Bank directions, stands omitted with effect from 3 March 2020. The provision had previously covered currency futures alone before being substituted to include currency options.
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