https://www.taxtmi.com/news?id=1318 The authority operates a market-determined exchange rate regime with intervention limited to managing excessive volatility and no fixed targets or pre-announced bands; recent rupee movements are linked to capital flow moderation and a stronger US dollar. Exporter requests for a fixed exchange rate, interest on EEFC balances and concessional rupee export credit were received, but the authority highlighted the availability of OTC and exchange-traded hedging instruments-forwards, options, swaps and futures-to manage foreign exchange risk. en-us Sat, 27 Nov 2010 11:37:08 +0530 Sat, 27 Nov 2010 11:37:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1318 The authority operates a market-determined exchange rate regime with intervention limited to managing excessive volatility and no fixed targets or pre-announced bands; recent rupee movements are linked to capital flow moderation and a stronger US dollar. Exporter requests for a fixed exchange rate, interest on EEFC balances and concessional rupee export credit were received, but the authority highlighted the availability of OTC and exchange-traded hedging instruments-forwards, options, swaps and futures-to manage foreign exchange risk. News - Sat, 27 Nov 2010 11:37:08 +0530 https://www.taxtmi.com/news?id=1318