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Sebi permits currency futures in euro, pound

Sebi permits currency futures in euro, pound
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First Published: Tue, Jan 19 2010. 10 48 PM IST
Updated: Tue, Jan 19 2010. 10 48 PM IST
Mumbai: The Securities and Exchange Board of India (Sebi) on Tuesday extended the currency futures platform on exchanges for hedging exposure in pairs of euro-rupee, yen-rupee and pound-rupee, in addition to the existing US dollar-rupee. The Reserve Bank of India also announced amendments to existing norms to allow contracts in such currency pairs.
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First Published: Tue, Jan 19 2010. 10 48 PM IST