Relaxation in Rules for Foreign Investors in Exchange Traded Currency Derivatives

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..... Relaxation in Rules for Foreign Investors in Exchange Traded Currency Derivatives
News and Press Release
Dated:- 8-5-2015

In terms of Reserve Bank of India's A.P. (DIR Series) Circular N .....

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..... o. 91 dated march 31, 2015 and SEBI's CIR/MRD/DP/04/2015 dated April 8, 2015 following relaxations have been made: • Foreign Portfolio Investors (FPIs) have been allowed to take positions (long .....

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..... as well as short) in USD-INR pair up to USD 15 million per exchange in the Exchange Traded Currency Derivative (ETCD) segment. • Further, they have also been permitted to take long (bought) as w .....

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..... ell as short (sold) positions in EUR-INR, GBP-INR and JPY-INR pairs, all put together, up to USD 5 million equivalent per exchange. • Beyond the above limits, FPIs can take long position in any .....

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..... exchange to hedge the underlying exposure. This was stated by Shri Jayant Sinha, Minister of State in Ministry of Finance in written reply to a question in the Lok Sabha today.
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..... ase - PIB .....

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