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Home >Market >Stock-market-news >RBI may ease forex hedging rules amid volatile rupee, trade war The rupee depreciated to a record low against the dollar on 20 July, dropping to as low as ₹69.12 Opinion; RBI pushed for trading platform to make forex cheaper for retailers. But it benefits banks RBI allowing banks to charge users a ‘pre-agreed flat fee’ affects its intention of reducing retail cost of buying & selling foreign currencies. Sep 18, 2013 · RBI cracks down on online offshore FX trading by Indians In a circular issued late on Tuesday, the Reserve Bank of India (RBI) asked banks to advise customers not to undertake forex trading on foreign websites that offer currency contracts by accepting margins through credit card and online money transfer mechanisms.
Nov 02, 2020 · The Reserve Bank of India (RBI) has decided to increase trading hours for various markets regulated by it by up to 90 minutes with effect from November 9.With the graded roll-back of the lockdown and
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