Non-resident access to currency derivatives allows hedging of Rupee exposure on recognised exchanges, subject to RBI directions. Persons resident outside India may enter into currency futures and exchange-traded currency options on recognised stock exchanges to hedge Rupee currency ... Summary
Non-resident access to currency derivatives allows hedging of Rupee exposure on recognised exchanges, subject to RBI directions.
Persons resident outside India may enter into currency futures and exchange-traded currency options on recognised stock exchanges to hedge Rupee currency risk arising from permitted current account transactions or Rupee-denominated assets or liabilities, with such transactions governed by terms and conditions issued by the Reserve Bank of India.
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