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of <h1>RBI Sets New Margin Rules for Derivative Contracts to Enhance Transparency and Risk Management in Foreign Exchange Market</h1> The Reserve Bank of India issued Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020 under Section 47 of the Foreign Exchange Management Act, 1999. The regulations aim to promote orderly development and maintenance of the foreign exchange market in India. They will come into force from the date of publication in the Gazette of India.
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