Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Risk Management and Inter-bank Dealings: Revised Position Limits for Foreign Portfolio Investors (FPIs) in the Exchange Traded Currency Derivatives (ETCD) market

FEMA - 91 - Dated:- 31-3-2015 - RBI/2014-15/527 A.P.(DIR Series) Circular No. 91 Mar 31, 2015 To All Category - I Authorised Dealer banks Madam / Sir, Attention of Authorized Dealers Category - I (AD Category - I) banks is invited to the Foreign Exch .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

pation of Foreign Portfolio Investors (FPIs) in the ETCD market. Increase in limits without establishing underlying exposure 2. Presently, FPIs can take position - both long (bought) as well as short(sold) - in foreign currency up to USD 10 million o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ht) as well as short (sold) positions in EUR-INR, GBP-INR and JPY-INR pairs, all put together, upto USD 5 million equivalent per exchange. These limits shall be monitored by the exchanges and breaches, if any, may be reported. For the convenience of .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version