Risk Management and Inter Bank Dealings.

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Full Text of the Document

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.... of the A.P.(DIR Series) Circular No.58 dated December 15, 2011 and the subsequent clarifications issued by the Foreign Exchange Dealers' Association of India(FEDAI) vide its circular SPL-58/Risk Mgmt./2011 dated 21st December 2011 on the Net Overnight Open Position Limit (NOOPL) of the Authorised Dealers. 2. In view of the recent developments in the foreign exchange market, until further revie....