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of <h1>RBI Amends Foreign Exchange Management Regulations: Foreign Central Banks Can Trade Indian Government Securities with Conditions</h1> The Reserve Bank of India issued amendments to the Foreign Exchange Management Regulations concerning the transfer or issuance of securities by non-residents in India. Effective upon publication, the amendment introduces a new provision allowing foreign central banks to purchase and sell dated government securities and treasury bills, subject to conditions set by the Reserve Bank. This update modifies the original regulations from May 2000 and follows a series of previous amendments. The change aims to facilitate foreign central bank participation in India's securities market under specified conditions.
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