Killing a market, softly: How an RBI communique could end India's thriving ETCD marketRBI faces queries on India's ETCD market impact after Dubai's rupee-dollar futures launch. Market's growth raised liquidity, regulatory con...
Once-in-a-decade moves throw up big opportunities in forex marketIn just one month, dollar-rupee volatility levels have quadrupled from 4% to 16% levels.
RBI panel proposes extension of forex market timingComments on the draft report are invited till July 31, RBI said.
As offshore markets hold sway over USD-INR, rupee seeks to break freeThe first moves began with the introduction of current account convertibility in 1994.
CCIL receives global approval to act as local legal identifierThe Clearing Corporation of India or CCIL — a clearing and settlement platform for OTC debt, forex, money market and derivative transaction...
Indian Clearing Corporation Ltd becomes first entity to be assigned LEI by CCILThe LEI helps connect to key reference information that enables clear and unique identification of companies participating in global financ...
Reserve Bank of India may ease curbs on futures once forex market stabilisesRBI could ease restrictions on forex futures once there is stability in the foreign exchange market, deputy governor of central bank said.
RBI to relax norms for forex futures after rupee stabilisesDuring the morning session, the rupee fell by 21 paise to 61.65 against the dollar due to demand from importers for the US currency.
- Change in forex derivatives hedging rules may hit banks
RBI has amended the guidelines for OTC forex derivatives and overseas hedging of commodity price and freight risks, which were effective fr...
Common reporting for debt, forex derivativesBanks will soon have to report all transactions in debt and forex derivatives on a single platform, paving the way for better and transpare...
- Forex market matures
The decision by the RBI and the Securities and Exchange Board of India (Sebi) to allow recognised stock exchanges expand their menu of curr...
- Futures gaining currency
The forex market in India is heading towards maturity.
- Forex futures more efficient than OTC market, says SEBI
SEBI has said the exchange-traded currency futures market is more efficient than the OTC interbank forex market as far as the cost of enter...
- SEBI doubles FX futures limits
Market regulator SEBI on Tuesday doubled the gross outstanding limit to $10 million for small traders, $50 million for brokers.
- Forex futures volumes close to $1 billion
Combined daily volumes on MCX-SX and the NSE have increased from $50-60 million to around $700-750 million over 99 trading days since dolla...
- Low volumes force currency traders to skip arbitrage gains
An oddity was witnessed in the currency market on Thursday, with the rupee on MCX Stock Exchange running at a 12-paise premium intra-day to...
- Govt plans to empower RBI to regulate OTC derivatives
After banks, non-banking finance companies and co-operative banks, the Reserve Bank of India’s regulatory reach on all derivative trades co...