https://www.taxtmi.com/highlights?id=105907 Domestic clients and foreign portfolio investors may hold long or short INR currency derivatives without establishing underlying exposure up to an aggregate outstanding notional limit of USD 5 million across all INR currency pairs and recognised stock exchanges. Foreign portfolio investors' short positions across foreign currency-INR contracts and stock exchanges must not exceed USD 5 million; long positions above that limit require underlying exposure to Indian debt or equity securities, including equity or debt mutual fund units. Domestic clients may exceed the limit subject to RBI risk-management requirements. Additional requirements address cancellation and rebooking of foreign exchange derivatives and documentation for hedging contracted exposures. Stock exchanges and clearing corporations must implement and communicate the changes. en-us Fri, 06 Nov 2026 11:08:51 +0530 Fri, 06 Nov 2026 11:08:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105907 Domestic clients and foreign portfolio investors may hold long or short INR currency derivatives without establishing underlying exposure up to an aggregate outstanding notional limit of USD 5 million across all INR currency pairs and recognised stock exchanges. Foreign portfolio investors' short positions across foreign currency-INR contracts and stock exchanges must not exceed USD 5 million; long positions above that limit require underlying exposure to Indian debt or equity securities, including equity or debt mutual fund units. Domestic clients may exceed the limit subject to RBI risk-management requirements. Additional requirements address cancellation and rebooking of foreign exchange derivatives and documentation for hedging contracted exposures. Stock exchanges and clearing corporations must implement and communicate the changes. Highlights SEBI Fri, 06 Nov 2026 11:08:51 +0530 https://www.taxtmi.com/highlights?id=105907