Introduction of Currency Futures - UCBs - আৰবিআই - Reserve Bank of India
Introduction of Currency Futures - UCBs
RBI/2008-09/178 September 17, 2008. The Chief Executive Officer of Dear Sir/Madam, As announced in the Annual Policy Statement for the year 2007-08, an Internal Working Group was set up by the Reserve Bank of India to study the international experience and suggest a suitable framework to operationalise the proposal to introduce exchange traded Currency Futures in India. The Working Group has in its report, recommended the introduction of currency futures in the domestic foreign exchange market. Yours faithfully, (A.K Khound) |