RBI proposes to liberalise Scope of Booking of Forward Contracts for SMEs and Resident Individuals
The Reserve Bank of India (RBI) has today placed on its website (www.rbi.org.in) a draft circular on the proposed liberalisation. The Reserve Bank has requested users of this facility to send their views/suggestions to the Chief General Manager, Foreign Exchange Department, 11th floor, Central Office Building, Reserve Bank of India, Mumbai 400 001 or fax them at 022-2261 0623 or e-mail within 15 days.
The Reserve Bank will examine the views/suggestions for refining the proposed facility.
Alpana
Killawala
Chief General Manager
Press Release : 2006-07/1652
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