Rupee Derivatives Market Under Pressure from RBI Regulations

By
Yash Kapoor
1 min read

India’s booming market for exchange-traded currency derivatives is headed for a sudden demise. Brokers are advising clients to close out rupee derivatives positions due to RBI rules requiring underlying exposure, effective April 5. This move has caused turmoil in the FX market, signaling significant changes in India's financial landscape.

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